Debt recovery and other protections can help with cash flow, writes PADDY O’DONNELL Cash flow is key, debt is bad. This is a mantra that all businesses put at the forefront of their operations. A positive cash flow is crucial to the success of any business, by allowing businesses to cover their day-to-day operations, boost […]
cash flow
How to become a cash flow master
CASH FLOW TIPS: Craig Alexander Rattray says it is important to understand the timings of cash flow There are three key components of a cash forecast: Cash receipts or inflows – principally receipts from sales to customers. As a business owner and having reached this section, you already know that you should use historic data to […]
Avoid falling into the cash flow traps
CASH FLOW TIPS: Craig Alexander Rattray says you should ignore the myths around managing your cash There are a number of common myths (and traps), and many more that are used as an excuse not to manage cash flow. Myth: Our business is unique; we do not need to manage cash flow because… We will […]
How to improve your chances of getting a bank loan
CASH FLOW TIPS: Craig Alexander Rattray offers advice on showing your bank that you are a good risk Remember, banks only make money when lending to companies, so they are always keen to do so, but only to companies that are a good risk. To secure bank lending, it is important to show that you and […]
A growing business also creates more risk
CASH FLOW TIPS: Craig Alexander Rattray offers some advice on financing growth Many business owners have multiple opportunities but a combination of fear and uncertainty, a lack of knowledge of how to do it and the related financial implications, as well as a lack of finances, prevents them from taking advantage of these growth opportunities. Like […]