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Posts Tagged ‘Cashflow’

A healthy cash flow is vital for any business, but in today’s economic climate it is more important than ever, Sage’s Brendan Flattery explores.

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When to register for VAT

So, you’ve recently set up or are about to start your business and you want to know what to do about VAT. You should do this when you draw up your business plan and cashflow forecasts, because it could affect your profitability.

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Last month we talked about starting a business on very limited resources. This time, I would like to think about the problem of having too much time or money.

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I set up my first business during the recession of 1990. At the time I was given some great advice, though initially I didn’t fully appreciate its value. I thought it might be useful, given the current economic climate, to pass this advice along…

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People often over-analyse starting up a business. As PricewaterhouseCooper’s Nigel Reynolds explains, in the early days, it really is all about cash flow – cash is king. Now more than ever, business owners are concerned about managing cash – but you simply can’t think about money coming in with a short-term frame of mind. As [...]

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One of the first things you need to do when you set up your own business is to find yourself a good accountant. However simple or complicated your business’ finances are, you are going to get yourself in a muddle if you don’t know exactly what you need to record, how to fill in your tax returns or when to file your accounts.

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My friend Juan is a superb designer – mainly Flash-based websites. Way back in the mists of time I gave him his first design studio job. Now he is self employed and his talent means he can charge a premium and work on interesting projects. But he is terrible at getting paid. Sometimes his invoices [...]

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Most people starting up a business, or running a new one, quickly realise that cashflow is perhaps the most critical factor to survival. Getting and keeping cash becomes an obsession. It is worrying about where the next lot of cash is coming from that keeps them awake. That said, most new entrepreneurs say that marketing [...]

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