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We all know that cash flow is such an essential ingredient to the survival and success of any business. If you ever encounter cash flow problems at some stage of your business’s life, it could be a serious obstacle to your progress. Which is why it always pays to keep a close eye on what […]
In our last tip, you were introduced to the new financial ratio reports provided through the Report Utility, which you can use to perform a health check of your business. If you didn’t catch it, or would like to brush up on it, you can find it here. Although the reports are comprehensive, they don’t […]
A lot of small and medium-sized businesses aren’t aware that they can use reports to check on the health of their business, instead, they rely on their bank account balances to ‘guestimate’ their business’s financial position. Unlike a bank balance, reports tell you how, where and when you earn and spend your money and how […]
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