The phrase “cash is king” is a colloquial expression you may have heard a million times! It suggests that having cash on hand is more valuable than other assets, such as property or investments. And yes, “cash is king” for sure for small businesses who can struggle to generate revenue and maintain a positive […]
Category Archives: Cash Flow
22
Aug
Aug
A cash flow statement is what captures the details of how a business is earning and spending its cash. If that were not enough reason to have one for your own business, investors almost always ask to see cash flow statements in addition to balance sheets and P&L statements before funding you – an essential […]
22
Oct
Oct
Research carried out by the British Business Bank in 2019 taught us that 56 per cent of SMEs used finance in the previous three years. Most commonly, this finance is made up of bank overdrafts, credit cards, and loans from individuals, closely followed by bank loans and commercial mortgages. Since 2020, you’ll know from […]
28
Jan
Jan
Late payments is the great business crippler. You can future proof your business against this problem and there are people who can help.
Budgeting, Business Challenges, Cash Flow, Cost, Forecasting, Pricing
How can I cut costs in my business without losing productivity?
17
Jun
Jun
Cashflow problems can cause any businesses to fail. Making these small changes in your business will help you stay afloat when every penny counts.
Fancy a cuppa
with us?
Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out and chat about it – it’s on us!
PS: We love biscuits.
Or, email us at info@wearegolding.com
Or, email us at info@wearegolding.com
