Money Talk

I’ve got my business structure, now what?

Posted by Michael Youssef on Nov 5, 2019 2:00:00 PM

Whether you have your structure or not, the next thing to do is sit down with your accountant and solicitor to get advice on what to do next. 

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Topics: finance, business, tax, owner, small business, new business, gettingstarted, sole trader, partnership, business structure, company

Improving cash flow: How to get paid faster

Posted by H Youssef Accounting on Oct 29, 2019 9:45:00 AM

Maintaining positive cash flow can be challenging for small businesses, whether you’re just starting out or have been running your business for years.

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Topics: small business, money, revenue, relationships, business growth, business structure, business success, cash flow

The importance of documenting processes and systems

Posted by H Youssef Accounting on Sep 3, 2019 11:00:00 AM

Many entrepreneurs operate with their business processes and systems in their heads. They know what they need to do each day and the way they want to get things done.

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Topics: business, small business, business growth, business structure, business success, business mistakes, processes, systems

The Power of Cash-Flow Forecasts

Posted by H Youssef Accounting on Aug 29, 2019 12:13:00 PM

At some point in its lifetime, every small business suffers from cash flow problems. The trick is to think ahead and figure out when these problems are going to arise, so you don’t have to unexpectedly postpone a purchase or hurriedly seek out additional finance. This is where cash flow forecasts come in.

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Topics: business, small business, business growth, business structure, business mistakes, cloud software, cloud accounting, cash flow, profit, expenses

How to Raise Capital in your Business

Posted by H Youssef Accounting on Aug 27, 2019 11:00:00 AM

Before you go down the path of seeking capital from outside your business, identify any other ways of raising capital. For example, do you have any savings (either in the business or you personally) that you could use? If you have unused assets in the business (machinery that’s not used very often, buildings or excess stock you could quit), then weigh up the advantages of selling these first.

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Topics: finance, business, small business, new business, business growth, business structure, debt, equity, investors, investing