Transcription of A Practical Guide to Cash-Flow Management
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A Practical Guide to Cash-Flow Management
A Practical Guide to cash-flowmanagement32 ForewordIt is more than a business clich to state that cash is king . However, as with all clich s,the statement is borne in fact. None more so than this, which highlights the vital importance of cash to modern small businesses. While profit, turnover and even market share are all indicatorsof success, if there is no cash in the bank to meet monthly bills, wage runs and loan paymentsthen any business will ultimately Finance Wales we are able to provide small and medium-sized enterprises (SMEs) and socialenterprises with a range of support to assist with cash flow.
CIMA’s focus on management functions makes them unique ... • Debt/equity (gearing) 27 • Profit/sales 27 • Debtors days sales outstanding 27 • Creditors days sales 27 6. Insolvency by overtrading 28 • Overtrading scenario 28 7. Conclusion 30 8. Useful reading 31 Cash-flow management – the outline case
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