If a business runs out of cash and is not able to obtain new finance, it will become insolvent. Therefore, it is a poor excuse for management to claim that they didn’t see a cash flow crisis coming. In business, “cash is king”. Cash flow is the life-blood of all businesses – … [Read more...]
How to Survive Your First Year in Business (Infographic)
The corporate world is a tough, unforgiving environment. New businesses are faced with the enormous challenge of trying to sway custom away from established, reputable companies and hold their own in a cut-throat battlefield. For many start-up owners, simply getting through the … [Read more...]
Best Tools for Developing a Profitable Business
All entrepreneurs want their businesses to make profits at one point. After all, making profits is how we keep the score in business and measure progress. To maximize your business profits, you need to be vigilant and actively keep track of your expenses. You need to start … [Read more...]
How to Manage Cash Flow
Anyone looking to set up a new business in the current market place will constantly be facing hard challenges - one of which is how to manage cash flow. The majority of SMEs find the first few years the hardest and it’s completely understandable. Do you have a sustainable … [Read more...]
Should You Choose a British CAD Service Even if they’re More Expensive?
It is of course down to individual companies to make the right choice for their business, and nobody can make these types of business decisions for you. The big question of course is: how do you make the decision on whether your CAD requirements can be outsourced to an overseas … [Read more...]