Cash Flow Management
‘Turnover is vanity, profit is sanity but cash is king’ – never has this saying been more true than in recent times where lack of cash liquidity has seen many businesses go to the wall.
You pay bills out of cash, not profit and so it is very important that businesses understand and carefully manage their working capital requirements (i.e. day to day funding needs). Indeed, working capital can often be businesses cheapest source of finance and having too much money tied up in Debtors and Stock can be inefficient and expensive. At AHK we will help you understand the working capital cycle of your business and work with you to optimise your levels of stock, debtors and creditors.
If the business is under significant cash pressure we can help you negotiate with your creditors. We can assist you in preparing daily, weekly or monthly cash flow templates to ensure you understand what funds are available to pay creditors and enable you to agree payment plans that are robust and realistic.
