How would you recognise warning signs that your business may be in trouble? This article identifies five common warning...
Archive for category: Small Business Advisory Services
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7 Ways to Improve Cash Flow
Mark Gwilliam, , General, Small Business Accounting, Small Business Advisory Services, Start-Up Businesses, 2Do you operate a big retail-chain or a small service business? If so, you’ll already acknowledge how important regular...
The importance of cash management to a Virtual CFO
Mark Gwilliam, , Small Business Accounting, Small Business Advisory Services, Small to Medium Sized Business, 3As a Virtual Chief Financial Officer (Virtual CFO), I regularly consult with many business owners and finance managers. Some...
Retrain tardy paying clients to improve cash flow
Mark Gwilliam, , Finance & Accounting, Small Business Advisory Services, Small to Medium Sized Business, 2If you have historically allowed your clients to pay you after thirty or sixty days, you may find it...
The Essentials and Benefits of Cloud Accounting
Mark Gwilliam, , Finance & Accounting, Small Business Accounting, Small Business Advisory Services, Start-Up Businesses, 1Many people have heard about “cloud accounting” but how many truly understand it. Cloud-based software giants such as Xero...
7 practical tips for holding productive meetings
Mark Gwilliam, , General, Small Business Advisory Services, 0Operating a profitable business means that finding ways to increase efficiency and minimise costs is essential. Yet countless hours...
Managing Working Capital Effectively
Mark Gwilliam, , Finance & Accounting, Small Business Advisory Services, Start-Up Businesses, Economic Order Quantity, Managing Working Capital, Working Capital Ratios, 0Managing working capital effectively is an essential business discipline, regardless of the stage of business’ life-cycle you have reached....
4 Reasons to Hire a Virtual Chief Financial Officer
Mark Gwilliam, , Finance & Accounting, Small Business Accounting, Small Business Advisory Services, Small to Medium Sized Business, Start-Up Businesses, Technology, Virtual CFO, 3Major trends are driving an increasing demand for Virtual Chief Financial Officers. The introduction of cloud technology with ever-increasing...
Three Steps to Manage Your Accountant’s Fees and Build a Proactive Partnership With Them
Mark Gwilliam, , Finance & Accounting, Small Business Advisory Services, Strategy, 1It’s all in the planning In an ideal world, your accountant would allocate their time equally with every client....