Developing working capital management strategies for small business is the key to success. Working capital management definition as per Wikipedia includes this key element ‘Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational […]
Cash flow forecast template 3 years is probably the best period and our most popular software version. The most popular period for a cash flow forecast is a 3-year forecast, as this is a reasonable time-frame in which to work out your forecast sales and associated costs and overheads for your business. If you are […]
How to write a business plan – Some useful tips for you if you are in the middle of writing your plan or better still not knowing where to start! Based on experience helping write business plans for clients back when I ran my own Chartered Accounting Practice and then of course writing my own […]
Is it possible to increase profit without increasing prices? When I had my own Chartered Accounting Practice a few years back I ended up specialising in Business Development, as this is an area of business that I find more interesting and much more fulfilling than simple bean counting! I loved to work with business owners in […]
Cash Flow Software is an important tool for your business and is a tool that is used for projecting into the future rather than analysing the past, which is left for your accounting software. I know that in the past I would spend hours setting up a myriad of spreadsheets, projections and sit analysing numbers, […]