FINANCIAL MANAGEMENT TIPS
Free Tips for Business
Camwells experience can be invaluable for your business. Here's the "tip" of the iceberg - free:
or Camwells First Law of Business.
Why is it important?
Cash Flow Forecasts - Timing of Receipts
If you are preparing weekly or monthly cash forecasts,
when should you forecast receipts?
Does growth generate or consume cash?
If you plan to grow, will you be able to pocket the money
or be begging the bank for more cash?
Should we trade as a PLC?
If you are starting a business, or have an existing business
then would it be better as a Public Limited Company?
Making up for losses
If you lose an item through obsolescence, bad debt or pilferage,
how many more do you need to sell to cover your losses?
How can this be avoided?
What Business Metrics should I use?
It's common practice to monitor performance
by a metric that divides one measure by another.
What proportion of a price is VAT?
If VAT at 20% has been added,
do you take 20% off to get back to the real price?