The Airborne Magazine team came across this very good article by Propell on dealing with cash flow in your business and they have consented to us republishing it for our readers. We hope you enjoy it as we did! Managing your cash flow effectively is vital to running any successful business. You need to regularly analyse both your cash inflows and outflows to guide your financial decision-making.  Let’s look at the top levers you can pull to help you keep on top of your cash flow.   Improving the cash inflow of your business There are 3 main levers you can pull to improve your cash inflows: 1) the pricing lever…

What small business owner has time to do their own tax accounting? Once you’ve finished all the business tasks for the day, the last thing you feel like doing is reconciling the company accounts and read up on tax matters to ensure you keep up with the latest legislative changes. So, you have decided it’s time to hire an accountant, the next step is to choose which accountant to hire. It’s important to take the time to think carefully what it is you require in your accountant. There are a few things you’ll want to consider first. You’ll need to think about issues such as the accountant’s office location, do…