Tag Archives: Cash

What is your kidnap fund?

The thing about Entrepreneurs is that they are often the opposite of Accountants. I’ve never come across an Entrepreneur who said “I’ve got this great idea, but I need to optimise the working capital cycle before going ahead”.  They just … Continue reading

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How do you make a profit but still go bust?

So, why do businesses go bust because they have run out of cash even though they are making a profit?  The answer is in the Working Capital Cycle. This concept describes the time taken between the business handing money over … Continue reading

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Turnover is vanity, profit is sanity, and cash is reality

You’ve probably heard that phrase before.  Well, I’m here to tell you that it is fatally flawed. It is easy to boost turnover – Just do a few deals with a few customers willing to snap up a discount.  Salespeople … Continue reading

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