Educational
5 Fitness Industry KPIs
Fitness Industry KPIs are a way for these businesses to track their performance. The last couple of years have been turbulent for the fitness industry but it’s clear that the businesses that understood their numbers are the ones who were more likely to survive, recoil...
Unit Costing: The Ultimate Guide
Unit costing is important for business and not-for-profit organisations alike. As a business or 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...
Prioritising 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 significance of prioritising Revenue, Profit and Cash Flow crops up for every business at some time or another. Focusing on the right financial strategy can make or break your...
How To Forecast Tax Liabilities
For many accountants, how to forecast tax liabilities for their clients, is a regular challenge. But it is an important task that is part of their bread-and-butter services. The certainty of paying taxes is often ascribed to Benjamin Franklin, but he was in many ways,...
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. Possibly adding new rows, tweaking formulas, double-checking the numbers as...
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.
