Empowering Your Business:
Insights and Strategies for Financial Success
All Articles
Managing cash flow effectively will help your business to pay its bills on time, purchase the supplies and equipment it needs, and survive long-term. Read more.
A cash flow forecast will help you work out the potential of the business to make a profit and identify when cash may be a little short. Read more.
Your business needs money to survive, so paying attention to techniques you can employ to improve cash flow is critical to your overall success. Read article.
A healthy cash flow means you’ll have working capital to reinvest in your business and sustain its competitive edge .Read more.
Here are some things you can do to set yourself up for success when the time comes to expand or scale your business. Read more.
Whether you need to purchase a vehicle, machinery, or larger premises to expand your business and operate more effectively, there is at times a question to answer. Lease or buy? Read more.
Almost all industries are threatened by the effects of climate change, either directly or indirectly and most countries are working towards net zero carbon emissions by 2050, but in the meantime, it will probably get worse before it gets better. Read more.
Working capital is the cash you have each month to cover any expenses. If your overheads are $100,000 a month, and you want 3 months in advance at all times, then your working capital requirement is $300,000. Read more.
It’s not always easy, but thinking one, two or three years in advance can help you better predict and react to changing business conditions. Read more.
Key terms from the world of business and finance, offering concise explanations of concepts ranging from accounting and investment to entrepreneurship and financing. Read more.
Although the impact of rising interest rates varies by business, it’s usually preferable for most small businesses to have low-interest rates. Locked in, stable interest rates enable businesses to plan ahead and budget against the repayment schedule. Read more.
Financial resilience means having a business that not only earns enough income to stay operational, it has money set aside to get through tough times. Read more.
If you are struggling to find customers due to an unexpected crisis, cash flow is critical to keep the business running while buying time to recover. Here are some ways to create a stronger business. Read more.
There are generally five ways to increase your profit in your business, each having a multiplier effect. Rather than trying to double your sales which is often difficult to do in a short period of time, you’re better to try and increase each of these five aspects by 10% for cumulative results. Read more.
There are many reasons why small businesses experience sudden cash flow crunches. Read more.