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SCS Performance

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20.01.2022 Some Friday humour....

18.01.2022 Some Friday humour...

17.01.2022 Cash relief for stressed business owners" - Post 3 of 6 A cashflow projection is all about what's going to happen, or at least, what's expected to happen. A cashflow projection starts with your reconciled cash position, adds expected income flows (cash sales, sale receipts, debtor collections and loan drawdowns or any other income receipts), less payment ouflows (purchases, creditor payments, interest cost, loan payments and all other outward payments).... So with the reporting lesson over, how does this help stress levels? To view the complete article, click here https://buff.ly/31hJ6ST #SmallBusiness #BusinessTips #Business

15.01.2022 Most people would not burn a pile of cash - so why pay for things in business which provide no value? Check your expense items to ensure that they are delivery material value to your business.

15.01.2022 Cash relief for stressed business owners" - Post 5 of 6 Cashflow projection models can be complex depending on your business model, but a simple rule of thumb is that the more work you put into them, the greater the accuracy you get. What surprises most businesses, is that 100% accuracy is generally not needed. Some general guidance around cashflow holes is what most businesses need, with a fine level of detail typically not worth the time, effort or cost to get there. Many ...good cashflow projections live in a simple spreadsheet, whereas others are more elaborate software packages which feed off the businesses accounting package. Regardless of the option taken, the most important factor is to review the output and take appropriate action. To view the complete article, click here https://buff.ly/31hJ6ST #SmallBusiness #BusinessTips #Business

10.01.2022 Cash relief for stressed business owners" - Post 2 of 6 To remove some stress around your cash position, a Cashflow Projection is what I recommend. Cashflow Projections are a combination of pure math, reasonable judgment and the discipline to combine the two. Many accounting packages provide a Statement of Cashflows - which shows where your cash came from and how it was used. This is not a cashflow projection, and once again, it only shows that has already happened.... To view the complete article, click here https://buff.ly/31hJ6ST #SmallBusiness #BusinessTips #Business

08.01.2022 Small incremental benefits in your stock/materials purchasing can provide lasting benefit, as those negotiations will typically last for many subsequent purchases.

07.01.2022 Check receipt of inward good before paying the invoice - you will find that errors are frequently made.....but not in your favour!

06.01.2022 Cash relief for stressed business owners" - Post 4 of 6 By understanding what your cash position is expected be over the forward period, you have removed a lot of uncertainty. It is the uncertainty which is the real driver of stress. With a typical cashflow projection being over 8-12 weeks, you now have the ability to see where any expected cash shortfalls will be. This in turn enables positive actions to either increase revenue, accelerate collections (debtors), slow or re...duce expenditure. It is the ability to know that this proactive management is required which empowers the business owner and thus reduces (but not necessarily eliminates) stress. To view the complete article, click here https://buff.ly/31hJ6ST #SmallBusiness #BusinessTips #Business

03.01.2022 Watch your Gross Margin carefully and really push your COGS by avoiding waste wherever possible.