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Understanding Your Statement of Cash Flows

Understanding Your Statement of Cash Flows   The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period.   For each of the reporting categories, receipts and payments are listed (money in and money out), and this is reported as a net increase or decrease in cash held for that category.   The net change in all categories is added to the amount of cash on hand at

What are your business goals for the year ahead?

What are your business goals for the year ahead?   The beginning of a new calendar year is an excellent time to review last year and reflect on what worked, what didn’t, what you’d like to change and new things you want to implement.   Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the coming business year. Planning and goal setting

Five big business challenges for 2025

Five big business challenges for 2025   ‘Uncertainty’ has been the defining phrase for the first half of the 2020s. The markets are unstable, supply chains have been wobbly and finding talent has been difficult.   But as we head into 2025, and the second half of the decade, what are the major threats, opportunities and challenges that your business should focus on?   We’ve highlighted five of the big business challenges.   Five big business challenges for 2025 (and beyond)   However well-organised you are, there are elements in