May 2019 – OAKTREE Accounting

Cashflow

The first cause of poor cashflow – Your cash lockup

News Article: May 29, 2019 by Oaktree Accounting

There’s a massive difference between profit and cashflow. Profit increases when you create an invoice for work you’ve done or goods you’ve sold; cash increases when you bank the money. Your lockup equals the cash that isn’t in your bank account because it’s either in work in progress (you’ve done some work but you haven’t … Continue reading “The first cause of poor cashflow – Your cash lockup”

Cashflow freedom – The 7 causes of poor cashflow

News Article: May 21, 2019 by Oaktree Accounting

Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key cashflow drivers. Improving cashflow is often all about changing your business processes. Processes such as how you order stock and pay for it, how you bill … Continue reading “Cashflow freedom – The 7 causes of poor cashflow”