Growing your business can be a daunting task, with many factors to consider. One of the most important steps you can take is to consult an accountant or a business planning specialist who will help guide you in making informed…
When it comes to business plans, how long should they be? Well, the answer to that question really depends on what you’re trying to accomplish with your business plan. Generally speaking, a business plan should be around 10-15 pages long,…
What is Cashflow Forecasting? Cash flow forecasting is the process of estimating future cash inflows and outflows. This helps business owners plan for short-term and long-term financial needs. By predicting future cash flow, business owners can make informed decisions about…
If you’re starting a business, one of the most important things you can do is create a business plan. A business plan serves as a roadmap for your business – it outlines your goals and how you plan on achieving…
Small business owners have a lot on their plate. Not only do they need to worry about the day-to-day operations of their businesses, but they also need to keep an eye on the bottom line and make sure that their…
When starting a business, having a well-defined business plan is essential to its success. But what are the key components of a successful business plan? Here are 6 essential elements that all businesses should include in their plans. 1. A…
You’ve read enough of my blogs by now to know that when I mention ‘forecasts’ I’m not talking about the weather – although cash flow forecasting will certainly tell you whether things are looking sunny or not! In a nutshell,…
These immortal words, accompanied by a shrug and a generous swig of prosecco were uttered by a good friend of mine a few weeks ago when I met her for drinks on a rare night out. Not wanting to ruin…
Ok, not the cheeriest of subjects to be talking about, I’ll admit, but the fact is that 8 out 0f 10 businesses will fail within the first 18 months. Having a business is like having a tiny, delicate plant. You…
Theresa’s been saying she’ll ‘wing it’ for as long as I’ve known her – which is a long time. Exams, first dates, decorating her house, parenthood (I’ll let her have that one, there’s not much else you can do)….. So when she…