Making profit is one thing, but generating cash is more important.
Business cash flow can be affected by any number of factors and the business making either profit or loss is only part of the story. Managing working capital is key to ensuring the business has enough cash to pay its way and the structure of a business’s funding lines can often help with this.
Working capital is typically the funding of a business’s debtor, creditor, stock and work in progress cycle. Getting the balance of these factors right is the key to healthy cash flow. A growing business however will find this difficult as additional stocks and a growing debtor balance will need funding.
Our team of experts are here to help ensure that the business is properly funded and can manage its working capital cycle. We have links to funders in our professional network who can help in this regard.
Cash flow forecasting can be a valuable tool in understanding the cash flow peaks and troughs that lie ahead. Financial visibility is key to any funder in order that they may understand what they are being asked to fund and why.
As part our financial information provision, we not only help you understand the profitability of the business but we interpret the numbers to help you understand the impact on cash. Where you require more than an annual viewpoint on this, we may achieve this more regularly with either monthly or quarterly management information. Our experts are here to help with regard to achieving this on a speedy and cost effective basis using the latest technology available.
Factoring and invoice discounting has become increasingly popular as the availability of traditional overdraft facilities has waned. We can help you find the right solution via our network of contacts to ensure that the business is properly funded especially in the event of the next growth cycle.
Do you have a challenge you require help with? Let's have a chat and find out how we can help.
Resources that only a large practice can offer with the close-up, personal relationship a smaller company is built on.
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Entire Projects - Phil Hodson
Ian and his team have been invaluable to me since I moved my business over to CHW accounting. I began looking for an accountant as I…
Belo and Me - Rachel MacGregor, Managing Director
I’ve worked with Nicola and the team for approximately 23 years now, and have always been very pleased and felt like the business is in safe…
Barcon Systems Ltd - Karen Gallagher, Finance Director
As Porsche Automotive Engineers our “world” involves “hands on” work with vehicles where we learned to measure our performance tangibly – (in stark contrast to how we perceived Accountancy…
Hartech Automotive Ltd - Barry Hart
I used to dread receiving my mail and the numerous letters from the HMRC. Now I am able to manage my business and leave all accountancy…
Parthenon Facilities Management Ltd - Mark Wilson, Managing Director
I rely on the team at CHW and I am delighted to have been a client for more than a decade. We were looking for accountants that…
G F Penningtons Office Furniture Ltd - Marie Pennington, Managing Director
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21 October 2020
Further information on the Job Retention Bonus Scheme
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