Blog.
Accounts made easy.
If my business is in profit - where is my cash?
It's possible for your business to make a profit but have no cash.
How can that happen?
Profit is an accounting concept, while cash is the amount in the business account.
Profit doesn't pay the bills.
You can have assets, like accounts receivable (money owed to you by customers), but if you can't collect what's owed, you won't have cash.
If you need help understanding your business’ finances, just contact me today.
Understanding Your Numbers Without the Overwhelm
A Calm Guide to Getting Your Business Finances Organised
⭐ MARCH – WEEK 4 Helpful Hint: Your Time Is Valuable — Spend It Running Your Business, Not Doing Paperwork
⭐ MARCH – WEEK 3 Helpful Hint: Monthly Bookkeeping Saves You Money — DIY Costs You More Than You Think
⭐ MARCH – WEEK 2 Helpful Hint: Avoid HMRC Red Flags — Don’t Risk DIY Mistakes
⭐ MARCH – WEEK 1 Helpful Hint: Prepare Early for the New Tax Year — Don’t Repeat Last Year’s Mistakes
⭐ FEBRUARY – WEEK 4 Helpful Hint: Your Tax Return isn’t “Just a Form” — It’s a Financial Risk if Done Incorrectly
⭐ FEBRUARY – WEEK 3 Helpful Hint: Keep Business and Personal Finances Separate — It Saves You Money
⭐ FEBRUARY – WEEK 2 Helpful Hint: Don’t Ignore HMRC Letters — Get Professional Support Immediately
⭐ FEBRUARY – WEEK 1 Helpful Hint: Start the New Tax Year Organised — Avoid Another January Panic
