Financial management
Your small business’ handling of financial management can make or break your success.
This section includes a wealth of tips for better financial management covering topics including business invoicing, small business record keeping, cash flow forecasting, money saving, understanding insurance and steps to create your budget. And for when things don’t go according to plan we also look at recovering money.
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Financial management
Solving cash-flow problems
An age-old question accountants get asked by business clients is “How come I’ve made a profit but I don’t have any cash?”. Solving cash-flow...
Financial management
Business invoicing: How to create an invoice
After years of working in Management Accounts, the same invoicing errors keep cropping up. So I'd encourage you to print out a copy of...
Financial management
Five ways to make the most of your Accounts Payable
Accounts Payable may seem like a dull subject but when handled properly it can provide many opportunities to improve your cashflow and profit. This...
Financial management
Money management: Tips for solo businesses
Recently I wrote a piece that generated quite a discussion. It was about a soloist who was uncomfortable with money. Here's a summary of...
Financial management
Recovering money: How to speed up payment from customers
In my last article I discussed ways to improve business invoicing and steps to avoid bad debts. In this article I'll discuss recovering money...
Financial management
Money management skills: A question of money
Oh, no it’s happened again. I’ve just finished a conversation about money management skills with yet another person who’s allowed money to wreak havoc.
Financial management
Business invoicing: Steps to avoid bad debts
How well you handle business invoicing can make or break your business. There are a number of different methods, so let’s look at some...
Financial management
Small business record keeping: Dealing with the shoebox
As an accountant, at this time of year people start arriving at my door with a shoe box stuffed full of receipts. Some of...
Financial management
