Invoice financing is a method employed by companies to raise money against outstanding debts. Usually, a third party will purchase any invoices you have that remain unpaid, although the amount paid will be lower than the Read more
Monthly Archives: September 2015
Six ways to improve cash flow: Understanding cash flow
There is a popular saying that many business owners have heard: “Cash is King”. Although this is a common phrase, what is the actual meaning and is it accurate?
Cash flow is the incoming and Read more
Tips to secure business funding
A business may require funding at any stage, from first starting up to expansion. It is much more difficult to secure funding now than it once was, which combined with the many options available makes the process far more Read more
Successful budgeting and cash flow
Budgets are used to plan the performance of a business and usually focus on the finance, but can also be used to plan output. The budget can be checked against the actual performance to analyse whether any changes need to Read more
Understanding financial analysis
Along with producing a viable business plan, financial analysis is crucial for the daily management of a company. It isn’t possible to plan ahead unless you have financial data so that you can create a strategy.
Financial analysis consists of Read more
How a commercial accountant can help your business grow
Savvy company owners are well aware that business growth doesn’t just happen. Steps must be taken to improve existing services, products and operations. To achieve growth, a business owner requires an instinct for Read more
How to overcome the challenges of business planning
Creating a business plan is a crucial step for all companies, not least because the document may be required by potential investors, finance providers and other stakeholders. Business planning includes outlining the goals you have for Read more
Tips for accurate inventory control
Controlling inventory can be a real challenge for a business, especially if the company has limited storage space or cash flow problems. Excess inventory takes up valuable storage space and costs the company money, potentially causing Read more
Main factors of exponential growth
The ultimate goal of any business is to experience significant and rapid growth, but to be able to cope with the extra demands placed on a company due to exponential growth, the business must prepare for the increased demand for Read more