How Rising Interest Rates Impact Your Business
Interest Rates and Your Business Rising interest rates are a thorn in the side of many business owners. With debt becoming costlier to service, the pressure on businesses is palpable.
The Fastest Way to Reduce Debt in Your Business
Debt Management for Businesses Debt reduction is crucial for financial stability and business growth, especially amid rising interest rates. When you manage your debt effectively it lowers interest expenses and improves cash flow, enhancing the overall financial health of your business. Debt Reduction Strategies for Businesses “With interest rates continuing to go up, one of […]
Are Rebates Costing You More Than You Think?
Rebates often appear to be a great way to save money. The idea of getting cash back after purchasing a certain amount of product from a supplier seems appealing. But could rebates be misleading you?
The Revenue Myth: Why Sales Won’t Fix Everything
In business it’s commonplace to hold the belief that “more sales will fix everything”. This is one of the biggest misnomers we often hear from business owners, who will emphatically claim they just need to bring in more business and that will take care of everything.
7 Effective Ways to Increase Cash Flow
Cash flow is the lifeblood of your business. It’s what keeps your business running and thriving. As we tell our clients: ‘Cash is king.’
How Your Business Increases and Decreases Cash
The reason people start in business whether they know it directly or not is to create cash. There are countless cliches regarding cash and profit but in this video we are going to look at how your business creates cash and how it losses cash.
How Can I Improve My Work In Progress?
If you run a project based business such as construction, work in progress (WIP) is a crucial factor to control to improve the cash flow of your business. In this video we explore how to improve WIP and get more cash in your businesses bank account.
Top Ways to Reduce Your Business Expenses
Every business wants to reduce their expenses. In this video we will take you through a methodical approach to achieve expense reduction in your business.
How to Read Your Cash Flow Statement
Most business owners will be getting their profit and loss report and balance sheet reporting on (hopefully) a monthly basis. But there is one other financial report you should be seeing and that is your cash flow statement. In this video, we share with you how to read your cash flow statement.
Not All Revenue is Created Equally
Would you want to work four times harder and get paid half the amount? Of course not! But why do businesses do it? In this video we explore how not all revenue will generate your business the same profitability.