How can a profitable company go broke - Profit into cash to avoid failure
Business Planning Cash Flow Management Growing your business

How can a profitable company go broke? (Profit into cash to avoid failure)

By Russell Bowyer

Even profitable businesses can go broke if the cash flow is not sufficient to continue trading. There are many reasons why certain profitable companies can go under. This can include what’s termed over-trading or simply because the business fails to collect money due from customers in a timely fashion. Whether a business survives or not is dependent on the way the business operates and manages its finances. If management don’t operate correctly, the business could end up in bankruptcy.

How to increase restaurant sales without advertising
Business Planning Growing your business

How to increase restaurant sales without advertising

By Russell Bowyer

How to increase restaurant sales without advertising. This top strategy to increase restaurant sales, has a low-cost of implementation. By using this as one of your main strategies to increase sales in a restaurant, you will benefit from focusing on increasing your sales from existing customers.

This will obviate the need to advertise. Also, by leading with a customer-focused strategy, you will improve the customer experience and in turn improve on the number of times customers return to eat at your establishment.

Increasing cash flow
News Articles

Increasing cash flow in a small business (Improve cash flow forecasting)

By Russell Bowyer

Increasing cash flow in a small business with a case study and worked examples.

Looking at increasing cash flow from operating activities by increasing cash inflows and reducing cash outflows.

The article explores ways to increase business sales and improving cash flow from customers.

This is achieved through a worked example and case study looking at average transaction value and increasing the number of times customers return.

Short term business loans
News Articles

Short term business loans

By Russell Bowyer

Are short term business loans the best solution for getting through a cash flow crisis?

This article discusses what are the advantages of short term business loans and what are the disadvantages of short term business loans. But then the article also looks at the alternatives to short term business loans too.

One of these alternatives is to increase sales and profits instead by focusing on KPI’s like the average transaction value.

Average transaction value and why is average transaction value important
News Articles

Average transaction value

By Russell Bowyer

Average transaction value and why it’s important for small businesses to understand?

This article is about average transaction value (ATV). The article also explains why the average transaction is important to small businesses.

I also show you how this key performance indicator, together with seven other key numbers, become the most powerful numbers in your small business and how to use them to your advantage. These become your Small Business Power Numbers.