Cash is one of the four key areas of small business. Posts in this category focus on how to take control of the cash flowing in and out of business.
Welcome to the next instalment of our Cash Flow Series, where we explore strategies to optimise your business’s cash flow. In this blog post, we’ll dive into Tip #5: Gross Margin and the importance of managing the cost of goods sold (COGS) in order to improve profitability. We’ll discuss the two key elements of managing … Read more
Welcome back to our Cash Flow Series, where we explore strategies to optimise your business’s cash flow. In this blog post, we’ll explore Tip #4: Number of Sales and dive deeper into increasing the average transaction value and frequency of customer purchases. By emphasising these areas in conjunction with acquiring new customers, you can achieve … Read more
Welcome back to our Cash Flow Series, where we explore strategies to optimise your business’s cash flow. In this edition, we’ll focus on Tip #3: The Number of Customers. Growing your customer base is a crucial aspect of improving cash flow and long-term success. We’ll discuss the three ways to grow a business, the formulas … Read more
Welcome back to our Cash Flow Series, where we explore effective strategies for optimising your business’s cash flow. In this edition, we’ll dive into Tip #2: Caution on Discounts. While discounts can be tempting to attract customers and boost sales, it’s essential to approach them with caution to ensure they don’t negatively impact your margins. … Read more
Welcome to our Cash Flow Series, where we explore effective strategies to improve your business’s cash flow. In this instalment, we’ll delve into Tip #1: Increasing Your Prices. While the thought of raising prices might seem daunting, it can have a substantial impact on your cash flow if executed strategically. We’ll guide you through the … Read more
Did you know that in Australia, there is approximately $1.5 billion in lost shares, investments, bank accounts and life insurance. How does money become ‘lost’? When you move house or don’t update your contact details with a bank or other type of financial institution or other company, or when mail is returned to sender you … Read more
Are you looking to secure your cash flow but aren’t quite sure where to start? Well you’re in the right place. Tackle the root cause of the issue for long term solutions.
Is your business producing as much profit as you think it should be -or it could be? If not, what are you going to do to change it? There’s a number of things you can do to improve your profits and it can be easier than you think.
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