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Cashflow & Finance

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Cashflow & Finance

Following up on invoice payment in a slow economy

It can be challenging following up on payment of invoices when the economy has been down, but it is important to keep cash flowing into your business. As with all business dealings right now, there are tactics you can use to help.

Review your business expenses – and save

Need to cut your business expenses? We’ll review your current costs, find the expenses that could be cut, and will provide a proactive spend management programme to reduce your spending.

The 10 ways to lift your margin

There’s always room for improvement at the margin; small tweaks can massively boost your bottom line! How much extra would a 1% increase in gross margin give you?

Profit vs Cash

There’s a massive difference between profit and cash. Let’s explore the differences.

Requesting payment of overdue accounts in an economic slowdown

In an economic downturn, cash must continue flowing through our economy. Continue enforcing your #TermsOfTrade but change your approach. Triage your customers and offer options for those impacted. Empathy and flexibility now will pay off later.

Understanding working capital to maintain business success

Cash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times.

Our Cashflow Management Service

Looking ahead with confidence and putting in place cashflow maximisation strategies is key to increasing business value.

CHARTERED ACCOUNTANTS & BUSINESS ADVISORY CAMBRIDGE

ARE YOU READY TO TRANSFORM YOUR BUSINESS AND YOUR LIFE?

With Copilot, we’ll help you build a business that is financially stable so you can get back to doing the things you love.