Your business cash story

Your business cash story

Firstly, your business cash story is a big deal.  Secondly, it’s a big deal for business continuity, survival, and  growth.  This requires cash. Profits are what it’s ultimately about, but cash makes sure you get to do it. Sales are vanity, profits are sanity, cash is...
Furloughing and Covid 19 money

Furloughing and Covid 19 money

This article on Furloughing and COVID 19 money was updated on 31-Oct-2020.  Most importantly, furloughing is there to help those employers maintain a workforce.  So, let’s kick off with the meaning of  furlough.  A furlough is a temporary leave of employees due...
Covid 19 financial support update

Covid 19 financial support update

Covid 19 financial support update, above all it’s vital to know if you run a business, whatever shape or form that is. Most importantly, look at your numbers.  Certainly numbers are your business best friend; they won’t lie to you.  Do your cash flow first, this...
Gross Profit and Net Profit

Gross Profit and Net Profit

Gross and Net Profit In our last blog we looked at profit and saw that it is more Important than Sales. This week we will go one step further and look at two types of profit, Gross profit and Net Profit.  These are profits you would typically encounter in your...
Getting paid on time

Getting paid on time

Getting paid on time Getting paid on time and keeping business cash flowing is the most important thing to keep your business wheels rolling.  It’s the life-blood of any business and you need it to survive, sustain, and grow.  You need cash for a whole variety of...
Make money in your business

Make money in your business

Above all, a business is there to make money.  It’s your primary responsibility.  Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity.  Some headline reasons for making profits include: No...