Money managementHow much working capital does your business need? Learn how to better manage your working capital so you can focus on growing your business.

Working capital is the cash you have each month to cover expenses. For example: If your overheads are $100,000 a month, and you always want three months in advance, your working capital requirement is $300,000. The essential point about working…

If you’ve made a profit but don’t have the cash to pay your tax bill, it’s time to take a closer look. You might discover that you have hidden money in extra stock, debtors or assets. Search for your missing…

Seasonal demand. It’s one of the greatest challenges for any business. Both feasts and famines have their issues. Either your business can’t keep up with demand, or there’s not enough work to pay the bills. Almost every business experiences seasonal…

All small business owners should aim to have more money coming in than going out. From shortening your cash cycles to managing debt, there are several ways to improve cash flow. And once you’ve got it firmly in hand, you’ll…

Collecting debts can be problematic for some businesses. Recovering money owed by your customers who pay late, or not all, is a challenge that requires a systematic approach and careful judgment. Enable your customers to pay by direct debit, mobile…