We all aim to run a profitable business, in the space between our costs and income. But if our customers are late on payments, we still have to pay our staff and bills.
Even in a thriving business, this can lead to a situation where you lack sufficient cash to keep going.
A cash flow analysis is not just an important skill for every business owner; it can be the difference between being able stay afloat and losing the business. However, all too often we are caught up in the day-to-day operation of business, and don’t make time for this . And many management teams and business owners struggle with the skills and process of cashflow analysis.
We designed the EFM Cashflow Healthcheck tool so you can easily get an indication of the financial health of your business. This review will alert you to situations that need to be addressed, so you have a better idea of where your money is, where it’s going and what you need to do, to stay in control.
Give it a try – it takes about 3 minutes – we’ll send you a confidential report with some guidance, and you may wish to contact one of our team for a free, informal chat about how to improve your cashflow.