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  • Hospitality Guild - View Topic
    resources Provider resources Looking for a new role Employer guide Hospitality job search Talent Search Looking to progress Apprenticeships Development initiatives Joining a professional body Looking to recruit Showcase your organisation Advertise vacancies Search talent Campaigns Asian and Oriental Centres of Excellence Pub Bar Careers Food and Beverage Service Individual Register Employer Register Training Provider Register SME Resources SME Resources Your Finance Cash flow management Cash flow management Cash flow is vital to any business if you aren t watching it start now What is cash flow Cash flow is the money coming in and out of your business It is not the same as profit so lots of cash does not necessarily mean the business is doing well On any given day you should be able to look at the business and tell how much money is there i e in bank accounts tills etc and tell how much money is owed to you debtors or you owe someone else creditors Tips Even if you are making profit on your goods or service if you don t have enough money in the bank to pay your expenses on a day to day basis your business will go under Without a decent cash flow your business will not survive Download your cash flow forecast template to start planning now Related Items Costs and business profitability Understand how to control your costs and manage your profit Controlling your labour Carefully managing the people element of your business will save Measure your financial performance Follow the key performance indicators that tell you how your Business funding Help your business find the wings to fly Accounting VAT Properly managing your accounts will help your business stay on Tools and assets close panel filter by by type Article External Link File Download Online Calculator

    Original URL path: http://www.hospitalityguild.co.uk/Resource-Library/View-Topic/_Your-Finance_Managing-Your-Cash (2016-02-14)
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web-archive-uk.com, 2017-12-15