When economic times are tough, it helps to be in control of your cashflow. We explain how to improve your cashflow – and how this helps you run your business through tough times.

Covid-19 highlighted the importance of managing your cash conversion cycle and reducing how long cash is tied up in the sales process. More money won’t solve your problems if you don’t manage your cash conversion cycle!

Would you like to know more about the relationship between costs and revenue to make better business decisions? Book a session today to examine your financial reports with an experienced business advisor.

A few simple steps can help to cut down your business expenses. We’ll help you spot the areas where costs can be cut and use the latest tech to manage the numbers.

As a small business owner, trying to chase payments while not annoying your clients can be a challenge. Here are five tips for getting those outstanding invoices paid while maintaining good relationships.

Invoice fraud is on the rise, but you don’t need to leave yourself vulnerable to scammers. E-invoicing is the secure way to send and receive invoices, backed by a government platform.

A cash flow plan allows you as a business owner to understand how your cash is used. There are misconceptions that having cash in the business means there will be more tax to pay, or that spending spare cash reduces your tax. Unfortunately, this mindset can lead to reduced profitability, and even worse, missed opportunities to expand when the time is right.

Are you looking to either scale up or downsize, your business? We’ll help you review your existing business plan, run scenarios and forecasts, and look at the most appropriate strategy for your future. Learn more here.

Struggling with seasonal dips and poor cashflow? We’ll help you identify the timing of your seasonal downtime and create a strategy for stabilising your income across the year.

Frustrated by unpaid invoices, but dreading the follow-up? We can help, with simple, effective techniques – and credit check services to help you avoid the issue in future.

With more than 85 percent of SMEs expecting a lower profit in the next nine months, the more prepared you can be for the unexpected, the better. Talk to us about smart ways to get your costs under control or whether you need to increase your prices. We share thoughts here.

Does your business need to improve its cash position? Poor cashflow is a problem for many businesses, whether you’re a start-up or an established family business. Talk to us about how you can get proactive with cashflow management.

Don’t set and forget your Personal Budget. Monitor your progress to achieve your goals. Dedicate one hour each month to track how you’re progressing towards your budget. Need accountability? Get in touch.

Cash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times.

Need to reinvent your expenses? We’ll review your current costs, find the expenses that could be cut, and will provide a proactive spend management programme to reduce your spending.

Growing electronic connectivity between small businesses, accountants, and financial institutions coupled with cloud accounting and traditional methods will help your debtor management.

The Covid-19 crisis has highlighted the inadequacy of current cash reserves for many business owners - they simply don’t have enough cash to sustain the business in a crisis.

A cash flow forecast is an important tool for business planning. And right now, understanding the cash coming in and going out of your business is vital.

It’s not easy to request payment right now but it is important to keep cash flowing into your business. As with all business dealings at them moment, a little empathy and a lot of open communication can go a long way.

Keeping everything running is the priority for now, whether you’re in recovery or growth mode. Regular cashflow forecasts will help you make informed decisions. And controlling your costs will potentially free up cash. We share more here.

As New Zealand moves down the COVID-19 alert levels businesses face a long transition period from the unknown to the ‘new normal’.

Keeping on top of your invoicing requires a proactive strategy. Sometimes it just takes a phone call. Here’s some other tips:

During the ongoing coronavirus crisis, many sectors are seeing income either disappear completely or drop to dangerous levels.

Having a plan to deal with the fallout from the COVID-19 pandemic is going to be critical to business survival.