Keen to increase your profit and cash in the bank?
Our 90-minute Cashflow & Profit Improvement Meeting identifies 1-2 strategies you can implement which will have a noticeable impact on your business. Small changes can have huge results!
You need cash and profit
In business, it’s not enough just to have a healthy profit; profitable businesses can fail due to poor cashflow. We want to help our clients better manage their cashflow.
The first step is to determine your business’s Cash Conversion Cycle. This tells you how long your cash is tied up in your stock, debtors, and payables. The longer your Cash Conversion Cycle, the less money you have available in your bank account. We’ll then help you identify 1-2 strategies you can implement to shorten your cycle so you have more cash in your bank.
Of course, profit matters too, and increasing your profit can increase your cashflow. By implementing strategies to improve both your cashflow and your profit, you can set your business up for success.
If you’re unsure of the difference between cashflow and profit and often wonder why there’s not as much money in your bank account as you expected, this meeting should be a priority.
What will happen
During the Cashflow & Profit Improvement Meeting, we’ll:
· Calculate your Cash Conversion Cycle
· Determine strategies you can implement to improve your cashflow and profit
· Use our calculators to demonstrate the impact these strategies can have on your cash position and profit
· Identify actions you should take to implement these strategies and achieve your improvement targets
The sooner you attend a Cashflow & Profit Improvement Meeting, the sooner you can start increasing your profit and cashflow and increase the money in your bank account.
Your benefit
By attending a Cashflow & Profit Improvement Meeting, you’ll:
· Understand the difference between cashflow and profit
· Identify the key cashflow drivers and the Cash Conversion Cycle in your business
· Learn how to improve your debtor days, stock days, and payable days
· Discover the impact small changes can have on your profit and cashflow
We look forward to meeting with you to identify the cashflow and profit improvement opportunities in your business.