Millhouses Accountancy

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Category

Cash flow

Why is my Profit different to my Cashflow?

  • 16/04/2020
  • Bookkeeping, Business guides, Cash flow
  • 0 Comments
  • Jason Scholey

What is the difference between profit and cashflow? The income after all expenses, is your profit. Cashflow is the amount of available cash within a business at any point in time. It’s to meet everyday expenses as a result of the inflows and outflows of money.  A question I am frequently asked by clients is … Continue Reading

Cash flow management – how not to run out of liquidity

  • 01/03/2019
  • Accountancy blog, Bookkeeping, Cash flow
  • 0 Comments
  • Jason Scholey

For any business of any size and at any stage of its development. There is absolutely no doubt that effective and efficient cash flow management is fundamental to business success. However, despite its importance, some businesses still struggle to get the basics right. Research has shown that 49 percent of start-ups think that cash flow … Continue Reading

   

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Millhouses Business Centre, 2-4 Abbeydale Road South, Sheffield S7 2QN - Tel 0114 345 0960  
The Office, Gothic House, Barker Gate, The Lace Market, Nottingham, NG1 1JU - Tel 0115 882 0356  
Level 30, The Leadenhall Building, 122 Leadenhall Street, London, EC3V 1LR - Tel: 0203 146 4808  
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