by Susie Kevern | Jan 28, 2021 | Managing Business Finance
Budgeting for real life is a never ending challenge: most likely you’ll be wrong, the only uncertainty is by how much. But, as I’ve talked about before, it is an exercise worth persevering with. An effective budget is a vital tool for building a successful business....
by Susie Kevern | Nov 6, 2020 | Covid 19
Does a second lockdown mean cashflow crisis for your business? What can you do to avoid it? We know that a lot more businesses are allowed to stay open this time than were able to in March, but staying open is not necessarily a good outcome. A lot of SMEs have used up...
by Susie Kevern | Oct 13, 2020 | Cashflow
The saying “Cash is King” is very true: profit doesn’t pay the bills. But that doesn’t help when there just isn’t enough cash to go round and you need help with managing cashflow and getting out of trouble. This is the final instalment in...
by Susie Kevern | Sep 30, 2020 | Cashflow
Generally people only think about cashflow when there is a shortage of cash in the bank to pay the bills. But what happens if you find your business with surplus cash in the bank? For some businesses at present that is a very real possibility, either because the...
by Susie Kevern | Sep 18, 2020 | Case Studies
I was introduced to Ecocleen South West and the owner Jim Humphrey by his accountant in 2018. The business was growing exponentially but there was not enough information available to track profitability and manage cashflow. Initially quarterly bookkeeping (in Xero)...
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