Selling goods or services means you’ll end up providing terms if you intend on growing. Unless you’re cashed up or have invoice...
Running your business offline? It’s time you explored cloud-based software and its incredible benefits. Cloud software has been filling a huge cost gap for SMBs between graduating from a micro business to a larger turnover enterprise that requires expensive ERP software to run the operation. Thankfully, as a business grows it can [...]Team Waddle
Image credit: The Flash (1990 TV series) You’ll need to reprogram your brain if you think cloud accounting is just for bookkeeping… What if you could automate, streamline and remove almost 100% of your administrational tasks? Your time spent on profit generating activities could almost double, allowing you to focus on the fun [...]Team Waddle
For a cash flow forecast to be useful you’ll need to get your guesswork as accurate as you can. It’s not uncommon for profitable businesses to get strangled by unexpected cash flow problems, but by forecasting and planning your expenditures you can give yourself the best chance of making it through any turbulent times. If you’re feeling [...]Team Waddle
SME’s know that stressful feeling when invoices get paid late Every minute they’re not paid can hinder growth and distract you from staying laser focused on building on what you already have. The fact remains that 68% of invoices get paid late and average up to 55 days from the time you issue them. What makes things worse is hearing [...]Team Waddle
You’ve romanticised about the valuation of your business before, everyone has at some stage. There are times in the business lifecycle when valuing your business needs to be more than a fleeting thought experiment, e.g. capital raising, investments, divestures and sale. Business valuation is a deep and complex topic performed by people [...]Team Waddle
One of the biggest threats to business growth is inventory management. Managing your “Cash-to-cash Cycle” (C2C), meaning the time in between paying for inventory till the time cash comes in from sales can sometimes be an eye opener for some business owners that haven’t taken the time to realistically track the time it takes once a dollar [...]Team Waddle