July 4, 2023
Your cash lockup - the first cause of poor cashflow
There’s a massive difference between profit and cashflow. Profit increases when you create an invoice for work you’ve done or goods you’ve sold; cash increases when you bank the money. Your lockup equals the cash that isn’t in your bank account because it’s ei...
June 23, 2023
Keeping your business cash liquid – the difference between cashflow and profit
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your work. But how does profit differ from cashflow? And why is cash king?...
ManagementPlanningBusiness AdvicecashflowBusiness PlanAccountabilityForecastforecastingGoalsGrowthEfficiencytaxTimeBusiness TipsSuccessAppsAutomationCoachingCustomersDecisionsDividendsImprovementMindsetP&LProfitResultsSEISSSystemstax planningworkingcapital#change#plan#purposeaccountingAccountsAchieveActionBalance Sheetbasis periodBBLS ExtensionbouncebackBudget 2021Budget 2022Budgetsbusiness coachBuyCarChangeDebtorsDeferred TaxesDelegationDownsizingEconomicsEquipmentEUVATfamilyFinancial awarenessFirst stepsFive A'sFreedomfundingFutureGrowHabitsHowIllegalInflationIOSSJob Retention BonusJob Support SchemeLeaselockupmindfulnessnationalinsurancePaymentPeoplePersonalBudgetProductivityProjectsRecessionRemunerationReportingReportsSalarySaleableSanityScalableSelf Employed Income Support GrantSevenWayssmall businessStrategySupportTechnologyTimetoPayTipsValueVATwellbeingwinter economy plan