Jun 21, 2021 | Blog, Cashflow
It might sound obvious, but it isn’t to many business owners. If current sales levels don’t support overheads and other cash demands on the business, then your overdraft will just keep increasing. This means that your business in its current state is not viable...
Jun 1, 2021 | Blog, Cashflow
This isn’t typically a place where you’ll find a lot of wastage. Our experience is that business owners are very careful about managing their expenses, and the smaller the business is, the truer that statement is. Having said that, as a business grows, so do the...
May 18, 2021 | Blog, Cashflow
Your gross profit margin is what is left from your total sales after variable costs are deducted. For example, if you’re a retailer and your sales in a given period are $1,000,000 and the cost of the goods you sell in that period is $650,000, your gross profit...