by Marco Soares | May 20, 2020 | Profit and Cash Flow
How well do you understand the cash flow in your business? The key element for you to understand is something called a cash gap. This is very important if you are a growing business as you will tend to need more cash to fuel more growth. In the below video, I take you...
by Marco Soares | Mar 1, 2020 | Profit and Cash Flow
Here are my top 5 tips to manage profit and cash in a business Get your monthly reporting in order Understand your cash Create a profit and loss budget Set daily and weekly numbers – KPI’s Analyse the numbers Many business owners lack the knowledge, structure and...
by Marco Soares | Oct 28, 2015 | Profit and Cash Flow
Mind the Cash Gap! Understanding and managing your cash gap is one of those business fundamentals that you must get right in order to grow a sustainable business. A cash gap is basically the number of days between a business’s payment of cash for goods or services and...
by Marco Soares | Sep 14, 2015 | Profit and Cash Flow
Systemisation If you have any intention of selling your business one day this may be of interest to you. A colleague told me recently that the average non systemised small business sells for a multiple of 2.2 times operating profit while the average systemised small...
by Marco Soares | Aug 31, 2015 | Profit and Cash Flow
7 tips for getting paid on time Getting paid on time is vital for good cashflow. Here are 7 tips for you to consider for getting paid on time: 1) Define a clear debtors policy for your business. Be clear on your terms, when and how late invoices will be chased...
by Marco Soares | Aug 13, 2015 | Profit and Cash Flow
What is your breakeven? So what is breakeven anyway? It is the point at which sales or invoiced revenue provides sufficient gross profit to cover cost of sales and overheads. At this point there is no excess profit and no loss. So, how well do you understand your...
