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Tag Archives | cash flow

How to Improve Your Cash Flow & Avoid The Cash Trap

Cashflow is the life-blood of any business. By correctly managing the money that is coming into and out of your business, you will not only keep your business alive but allow it to thrive. However, even the most profitable business can fail if it run’s short of cash.

Join Balbriggan Chamber Lunch & Learn to pick up some excellent tips on how to improve your cash-flow and guarantee your business is thriving.

 

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Guide to Buying a Small Business

Embarking on a small business venture takes courage, lots of energy, and a willingness to take risks. This guide to buying a small business, instead of starting a new business from scratch, will showcase several advantages that buying an established small business venture offers. The current owner has already done […]

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Free Workshop – Growing Your Business: Dundalk

ManagementWorks is hosting a FREE half-day workshop in Dundalk on the topic of “Growing Your Business – How to improve sales, cash-flow and profits.” The workshop is open to SME Owners and Managers in the region. It will be delivered by ActionCOACH Business Coaching Ireland and will focus on the key drivers of growth and profitability in small businesses. It’s an opportunity for you as a manager to take a step back from your business for a few hours and to think about the actions you need to take to generate sales, improve cashflow and increase profits.

For more info visit http://www.managementworks.ie/events/free-workshop-growing-your-business-dundalk-0.

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Tips for Getting Paid On Time

Good accounting system and routine. Do you actively manage your business cash flow or does the lack of cash govern the way you manage your business? A tighter credit control system can help a business to identify potential bad debts and take appropriate steps to reduce them, and ultimately get […]

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Preparing for the SEPA Deadline of 1 Feb 2014

The 1st February 2014 is the date by which the existing national euro credit transfer and direct debit schemes will be phased out and replaced by the European SEPA alternatives. After this date, rather than using sort code and account numbers to identify bank accounts when making payments, organisations will […]

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Business Monitor reveals unemployment may have peaked

A stabilisation in employment, converging economies, cost-cutting and a problem with debtors are the main issues to emerge from the latest InterTradeIreland quarterly Business Monitor released today. Employment has stabilised The Q1 2013 Business Monitor reveals a stabilisation in the employment levels across the island. In the last three months […]

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Do I need a collections agency?

Hiring a collections agency can be a tricky matter. From finding the right firm to making sure you’re placing an account with them at the right time, involving a collections agency in your business is serious stuff. As a small business that leases products or offers payment plans for purchasing, […]

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Size really does matter!

Having listened to many politicians over the past few months paying lip service to the need to help SME’s create much needed employment in the Irish Economy and having kept a watchful eye on the E Tenders website for suitable tenders, I have come to the conclusion that I am […]

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Managing your cash flow

Controlling debt is a key part of income control. Customers should be sent reminders in advance of the due date of payment. Payment by direct debit and credit card will also help cash flow. Do however check the creditworthiness of new customers and review the credit limit and terms of […]

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Accountants on cashflow

Managing your cash flow is the single most important factor in surviving in business. It is one of the major challenges to arise out of the current economic climate for almost every business owner. Assets need to be evaluated, liabilities assessed and all income and expenditure items should be critiqued […]

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