Protecting your Cash
Guide
Building business resilience
If you are struggling to find customers due to an unexpected crisis, the need to avoid running out of money is critical to keep the business trading to buy time to recover.
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Guide
Recovery checklist
This Recovery Checklist covers a number of ways you can rebuild and grow your business, from seeking new customers and new product or service development, to increasing your profit.
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Guide
Three emergency survival strategies
If your business is under extreme financial stress, then time can run short to develop long-term plans for recovery.
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Guide
Managing a cash crisis
Dealing with a sudden cash flow crisis, even if you’re working hard to avoid shortfalls, is hugely distracting.
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Guide
Keeping track of your finances
For business start-ups, the most important thing to remember when it comes to accounting is that you need to be able to see at a glance what your cash position is.
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Guide
What to do if your business is operating at a loss
The first thing you need to identify is why you’re operating at a loss. If you’re still in the start-up phase and you know it will take time to break-even then it’s probably ok. But if you’ve been operating for a time, sit down and try and determine why.
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Guide
The six business numbers to track success
It makes sense to be aware of and track your main financial indicators. The more you observe what the numbers are doing, the faster you’ll see what’s working
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Guide
Understanding financial ratios
Financial ratios are calculations that relate one item in your financial statements to another. They can be valuable tools for assessing your business’s financial well-being.
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Guide
Working with cash flows and budgets
In the excitement of growing your business, it can be easy to neglect the financial side.
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Guide
COVID-19 Small Business Survival Tips
For some businesses it’s too late for survival.
If your sales have fallen off a cliff and customers have cancelled, postponed or are no longer there, then there is no easy solution.
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