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In this guest article, we welcome Financial Coach Shishir Khadka to the blog to share some insights into cash flow mistakes he’s learnt to avoid from working with entrepreneurs and business owners. As Eleanor Roosevelt once said: “Learn from the mistakes of others. You can’t live long enough to make them all yourself”. I believe […]

As businesses across the UK reopen their doors to the public, business owners will understandably want to be as prepared as possible for success post-lockdown. With multiple priorities to juggle, we’ve made it easy for you to identify three essential business resources to give your business a boost and make the transition a smooth one. […]

Starting a new business is an exciting time. It’s also an extremely busy time, when you have to make important decisions under pressure – decisions that could impact the future success of your start-up business. Understanding your business’s cash flow is essential to guiding your decision-making. There are three important questions we believe every start-up […]

Using cash flow graphs is a quick and powerful way to really get an accurate picture of the flow of cash in and out of your business. Whether you want to delve into highly granular, detailed information or more of a bird’s eye view of your cash position, cash flow graphs can help you understand […]

Is your business in the enviable position of having surplus cash? You’d be surprised how many business owners have no idea whether they have a little extra cash in the bank to play with. If you have more cash in the business than you need for day-to-day operations, then congratulations my friend – you have […]

Whether you’re in the early days of running a business or your business has been significantly impacted by the coronavirus pandemic, knowing what you need to do to break even is essential to keep your business afloat. Breaking even means your total costs and total revenues are equal – your business isn’t making a loss, […]

Getting a strong handle on how much cash is coming into your business is essential to making informed decisions for your business. Right now, it can be hard to predict what money is going to come into your business and when. The current situation is constantly changing and the uncertainty is inevitably causing many business […]

Many business owners are concerned about a lack of money coming into their business as a result of the coronavirus pandemic and its knock-on effects. However, keeping track of money leaving your business in the form of bills is also essential to keep your cash flow as healthy as possible at this unpredictable time. So […]

Business owners are facing tough decisions in the current climate. Caught between retaining staff and keeping a business viable, there’s also the question of how much you can actually pay yourself. It’s no secret that a CEO that pays themselves before they pay their employees can badly affect morale. And it’s a particularly pertinent point […]

As any cash-savvy business owner will tell you, keeping some savings aside for a rainy day is an important part of looking after your business finances. Now it would appear that rainy day is, in fact, upon us. But is it time to dip into those cash reserves? And if not now, when? Understanding when […]

Overspending can cause serious problems for a small business. Too much cash going out and not enough cash coming in can spell disaster for a business’s cash flow. And, in the current climate, keeping tabs on overspending in your company has become more important than ever. Because no one quite knows what’s around the corner… […]

The business landscape right now is possibly as unpredictable as it’s ever been. With lockdown rules changing frequently and new government announcements to keep up with, business owners are struggling to see what’s around the next corner. How can you take control of your business finances despite the uncertainty? While future cash gaps may be […]

Seeking a business grant or loan to stay afloat has become a top priority for SMEs across the globe in the wake of the coronavirus pandemic. With many business’s cash flow forecasts indicating worrying cash gaps ahead, business owners are exploring their options to inject a much-needed cash boost into their companies in the form […]

Being a small business owner can be a tricky business, and unless your company is swimming in free cash, you might need to find ways to boost your cash flow. Are you doing a financial hokey cokey each month, and it seems like there’s always money going out of your business before there’s money coming […]

If you’ve got plans for your business, you’re going to need cash to make them happen. Dreaming big and running out of money isn’t a situation a small business wants to find itself in, which is why cash flow is critical to sustaining and growing a business. Time for some hard facts: it’s known that […]

How much thought have you given to short term or long term cash flow forecasting recently? Most business owners know they should have a cash flow projection. But with the pressures of getting a business back up and running as lockdowns ease, prioritising cash flow is easier said than done. However, with Xero recently reporting […]

Choosing to make redundancies is an incredibly hard decision for any business. But with the government’s furlough scheme coming to an end and many businesses’ survival at stake, for some it is the tough reality of running a business during the coronavirus pandemic. Understanding your cash flow position can help you make these business-critical decisions […]