Published on 14 November 2010 by Tony Groom Normally most forecasting is done for lending, fund raising or other investor related purposes and therefore with hope of future growth built into the forecast. Such forecasts show how loans will be repaid and investors will achieve a return on their money. Such forecasts are often not […]
Articles Tagged: Forecasting
The Focus Must be on Cash Flow When Times Are Tough #029
Published on 21 January 2011 by Tony Groom Profit and turnover are, of course, important measures of business performance but when times are as difficult as they are at the start of 2011 and many businesses are finding themselves in difficulties the main focus must shift to cash. Cash flow is the most immediate indicator […]
Managing Tax Payments With Time To Pay Arrangements #004
Published on 22 October 2010 by Tony Groom There are hundreds of thousands of businesses struggling to meet their financial obligations to the Exchequer. Businesses, especially smaller enterprises, have been reporting that in the current difficult economic climate they are struggling with cash flow issues as customers and suppliers try to stretch out the time […]
Do Small Businesses Understand Working Capital and Liquidity? #046
Published on 6 May 2011 by Tony Groom There is some doubt about whether small businesses in particular understand the concept of liquidity. When borrowing against assets, such as the sales ledger using factoring or invoice discounting or plant and machinery finance or property mortgages, there seems to be a widespread misunderstanding among businesses about […]
Dealing With VAT Arrears and PAYE Arrears #002
Published on 15 October 2010 by Tony Groom Owing Her Majesty’s Revenue & Customs (HMRC) more than £150,000 for overdue VAT and PAYE when your turnover is less than £3 million is not uncommon in 2010. A second, more extreme example of HMRC arrears was a labour services company that owed more than £100,000 having […]
Dealing with the Bank When Considering a Company Voluntary Arrangement #019
Published on 14 December 2010 by Tony Groom The large number of companies in financial difficulties is swamping the banks and as a result there is a lack of experience in banks when dealing with companies in the process of restructuring. If a company is subject to a Winding-up Petition (WUP) the bank can be […]
Marketing Models need to be Flexible #073
Following on from the flexible business model that we developed to ensure the perpetual survival of businesses for what looks like a long period of economic stagnation, it makes sense to explore how growth can be achieved without ‘betting the farm’. While businesses may breathe a sigh of relief if they have followed our advice […]
Business Models need to be Flexible #072
Published on 12 December 2011 by Tony Groom While businesses might be concerned about a eurozone Armageddon, whatever the outcome they will need to ensure survival for the period of austerity that is likely to characterise the next decade. Although growth is desirable, and has been the purpose for many businesses, a more realistic objective […]
Build a Flexible Marketing Model to Ensure Perpetual Growth
Following on from the flexible business model that we developed to ensure the perpetual survival of businesses for what looks like a long period of economic stagnation, it makes sense to explore how growth can be achieved without ‘betting the farm’. While businesses may breathe a sigh of relief if they have followed our advice […]
Build a Flexible Business Model to Ensure Perpetual Survival
First published on 12 December 2011 by Tony Groom While businesses might be concerned about a Eurozone Armageddon, whatever the outcome they will need to ensure survival for the period of austerity that is likely to characterise the next decade. Although growth is desirable, and has been the purpose for many businesses, a more realistic […]