Picture a scenario where all of your customers decided to delay payment of your invoices by 30 days. How long could your business survive without this cash inflow? How would you pay your staff, meet your overheads and pay your creditors? If you don’t know the answer to these questions then careful cash flow managementContinue reading “Why cash flow controls are so important in busines…….”
Tag Archives: Business Planning
SMEs need planning for post GFC Recovery
“As featured in the July Edition of the Western Sydney Business Access magazine (WSBA)” ALMOST two years have passed since the ‘official’ end of the Global Financial Crisis (the GFC) however for many small and medium sized businesses (the SMEs) the effects of this downturn in the economy are only just starting to subside. BigContinue reading “SMEs need planning for post GFC Recovery”
What exactly is financial planning……
“As featured in the June Edition of the Western Sydney Business Access magazine (WSBA)” Prior to the Global Financial Crisis (or the GFC as it is affectionately now known), the financial planning industry held a somewhat precarious place in the financial services world. It was often on the receiving end of unfavourable media attention thanksContinue reading “What exactly is financial planning……”
James Solomons 