Resources for business owners
Discover leading insights from our finance experts at The Finance People. Use this financial advice to enhance your strategy, to overcome common financial challenges within SMEs, or to better understand key areas of finance for business.
Cash Flow vs. Profit: Which Is More Important?
Entrepreneurs are constantly challenged with the delicate task of balancing priorities to ensure the sustained growth and resilience of their enterprises. Two pivotal elements in this balancing act are cash flow and profitability. In this blog post, we’ll look at cash flow vs. profitability and which you should prioritise, if it comes to it.
7 Common Cashflow Pitfalls (and how to avoid them!)
As the owner of a small business, it can sometimes seem easier to put your head in the sand and try to ignore cash flow issues that arise – but this only worsens the problem. It is much more sensible to acknowledge your cash flow problems and build a strategy for tackling each one head-on. Discover the common pitfalls
How to Plan Your Quarterly Budget
Effective budget planning is essential for the success of any business, regardless of its size or industry. As a business owner or managing director of an SME in the UK, it's important to understand the importance of budget planning, particularly on a quarterly basis.
Starting a business? Here’s how to get cash flow right first time…
Whether this is your first rodeo as a business owner or whether you’ve got some experience but would like to improve this time round - here’s our top tips on getting cash flow right from the get- go.
The Importance of Cash Flow Forecasting
High profits do not necessarily equate to a lot of returned money. Substantial profits and successful cash flow should not be confused. With outsourcing costs, overheads, expenses and more – the profits quickly dwindle and the remaining cash in your business could be less than you think. Find out why cash flow trumps all.
3 Cash Flow Warning Signs You Shouldn’t Ignore
Is your cash flow about to collapse? What are the warning signs you are heading for disaster? While cash flow crisis is not always predictable, there are some things that standout. Find out the three cash flow warning signs.