5 practical steps: how to manage cash flow in a small business
You could have the best business idea ever. You could have major customers queuing up at the door. You could have a huge order on the books which would make you a millionaire. But, if you don’t know how to manage cash flow in a…
Would your business cash reserves see you through a rough patch?
Picture this scenario. There’s a downturn in the economy. Your two biggest clients tell you they have to cut spending and can’t work with you anymore. And while you still have some projects on the go, you know you won’t be paid for at least…
3 business growth strategies for a sustainable future
If your start-up is going through a period of rapid growth, it seems counterintuitive to view that as something to worry about. When sales are skyrocketing, marketing is bringing in countless new leads and you’re hiring staff left, right and centre, only a real killjoy…
What business plan financials do SMEs need to prepare?
Are you one of the 53% of UK SMEs that doesn’t have any kind of business plan in place? Tut tut! Many small businesses grow out of a hobby, or something the business owner does in their free time. As things grow, you never quite…