26th September 2011
In business things can change quickly, one minute the world is your oyster, the next things can quickly go downhill. Many buoyant businesses which look strong and healthy can have their fortunes change quickly in this economic climate.
In our last pos...
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28th February 2011
With the current economic climate demanding tighter payment terms and more visibility over your clients ability to pay, company credit checks have become an important part of day to day business. A simple quick check online can save hours of chasing payme...
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18th February 2011
An asset is anything the business owns which is shown on its balance sheet, this can include property, machinery, computers and more liquid forms of asset such as cash/investments and current debtors.
Assets need to have a value, and with many larger p...
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16th February 2011
Working capital is a way of telling how 'liquid' the cash available to a company is.
For example a business may have £1m of assets, and owe its creditors £500k, with a broad brush this means that if the creditors instantly called in the monies owe...
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11th February 2011
Cash is king and you need to ensure that your business has a steady flow of it coming in, your business may have record sales, but if your customers are paying on credit that money won't be flowing straight in.
You need to keep a tight check on your...
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