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Tag Archives | cash flow

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Financial Management Tips to Keep the Cash Flowing

There are so many intriguing layers to running a business. Though you may have the best products and services in your industry, they all mean nothing if you can’t properly manage your cash flow. You need cash to adequately market your products and services, hire and pay staff, manufacture and […]

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5 Personal Finance Books to Add to Your Reading List

What have you been reading this summer? Every person reading this post likely has a different answer. Some prefer lightweight reads in the summer months such as young adult fiction or romance novels. Other prefers historical fiction, political satire, or biographies. Maybe sci-fi and fantasy are more your speed. Whatever […]

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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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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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Small Business Tips: Get Paid On Time!

I have worked in various businesses over the years, and one of the main areas of concerns for the managing directors was cash flow. “Lets Get Paid On Time” is what one ex-boss shouted at us.  Some business owners manage cash flow beautifully, and some plod along and seem to […]

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Managing Cashflow for Growth

Cashflow is not just accountant-speak. Cashflow is all around you. Case in point: as a business owner, you might have had the experience of coming up with a brilliant revenue idea, with the potential for huge profits, but you had to let it go. Why? Because you didn’t have the […]

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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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