Cash Flow Forecasting: How to Make Sure Your Business Has Enough Money to Pay Its Bills
A business can make a profit and still run out of money to pay its bills. A cash flow forecast helps you see when money will come in, what needs to be paid and how much will be left in the bank. Learn how to prepare a simple cash flow forecast, plan for upcoming expenses and avoid cash shortages before they become a problem.
Financial Statement Analysis: What Accountants and Bookkeepers Should Be Looking For
Financial statements show how a business is performing, but accountants and bookkeepers need to look beyond the figures. By checking profit, cash flow, debtors, creditors and expenses, they can identify problems early and help business owners make better decisions. This article explains what to look for when analysing financial statements and how to spot financial risks before they become serious.