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Business Bullets
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Cashflow forecasts - the basics
Every business should have a cash flow forecast so that it can project the amount of money coming into the business (inflow) and the amount of money leaving the business (outflow). Your cash flow will help you to identify peaks and troughs in your finances. Used effectively it is a valuable tool for your business. A cash flow forecast usually covers a 12 month period for smaller businesses, larger businesses may need to produce one for three or even five years.
10 red hot tips to increase your margins
Often, when I am called in as a 'company doctor', the CEO/ owner will blame competition for problems. Yet they never ask the question "What are they doing better or differently to me?" How often do you visit a pub that's quiet and yet another a few yards away is heaving!
