SME Business Coach Blog
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I am an independent business coach with extensive commercial experience and qualifications in accounting, information technology and project management. Small & Medium Business Consulting, Mentoring, Training, Administration, Management
SME Business Coach Blog
1y ago
Cash flow is the life blood of every business – without it everything comes to a grinding halt.
While many businesses review their profitability with department managers on a monthly basis to improve performance, cash flow and working capital forecasting often only becomes a priority when money gets tight. To improve working capital, cash flow KPI’s should be incorporated into management reports and reviewed by department managers on a monthly basis.
Cash
It is imperative that a business maintains a minimum cash position that ensures the organisation has enough liquidity to meet its fin ..read more