Educational
Unit Costing: The Ultimate Guide
Unit costing is important for business and not-for-profit organisations alike. As a business and not-for-profit organisation, you probably have an idea of how much your projects and programs cost to run overall. And, no doubt you have a very good understanding of how...
Difference between Revenue, Profit And Cash Flow – Which Is More Important For Your Business
Revenue, Profit and Cash Flow – which one is more important? The question as to the difference between Revenue, Profit and Cash Flow crops up for businesses at some time or another. Focusing on the right financial strategy can make or break your business. But which is...
5 Important Construction Performance Metrics and KPIs
Construction Performance Metrics and Key Performance Indicators (KPIs) help understand profitability in your business. While measuring profit per project is a key benchmark for all businesses in the construction industry, there are several other measures that can be...
How To Prepare A Cash Flow Forecast In Under 30 Minutes
If I said to you “I’ll show you how to prepare a cash flow forecast in under 30 minutes” would you believe me? I dare say that, just like me, you have spent half a lifetime in spreadsheets, adding new rows, tweaking formulas, double-checking the numbers in reviewing...
Cash Flow Scenarios to Mitigate a Crisis
Preparing multiple cash flow scenarios will help you think through the implications of different situations and be prepared. This means that you’ll come to a much quicker decision later on, when you’re under pressure to act fast.
7 Important Business KPIs for Cash Management
KPIs for cash management provide businesses with a quick way of monitoring availability of cash. Unless you have the luxury of a few spare millions sitting idle, managing cash is important for every organisation. Here, we discuss our selection of the important KPIs...