New Developments Financing Small Business
There was a fascinating article in the FT last week concerning Intuit and others using big data to smooth bank lending to small business. The key developments were: 7 Interesting Developments QuickBooks (owned by Intuit) have developed a platform called Quickbooks...Is Your Balance Sheet Fit For Scaling?
Raising venture capital immediately transforms your balance sheet into a platform for scaling. Of course failure is still a high probability. Especially if you execute the wrong things. But that immediate injection of capital allows management to roll out their...
Setting Cash Targets for Credit Control
It seems simple enough but seldom done. The ingredients of a robust set of monthly cash targets for your credit control team: Ensure all customers are clear on your terms of trade. Ensure you have a query/problem resolution system in place to resolve billing problems...
Balance Sheets – Do You Know?
There’s always knowledge to be learned from a book and then there is the important stuff to be gleaned from running a business. A Balance Sheet is a snapshot in time, like a photograph. It is not a video. It cannot show motion. It can only show a static picture....The Hidden Cost of Cash Collection
It doesn’t seem much at the time. Your Accounts Receivables Days outstanding has just slipped from 45 days on average to 50 days. So what? You lose 5 days. Say you ship $36.5m of product in a year. Call it $100,000 per day of sales invoices (for the lawyers...Acquisition Support Services
Acquirers Need a Playbook
Valuation Gaps & How To Close Them
Our Books
