Posts

Improving Your Business

Your business, your future, your prosperity

Business Plans are like maps for tourists.

Like sight-seeing (COVID-19 permitting these days), we plan where we’re going, what we’ll visit, where we’ll stay and, if we get side-tracked, how to navigate back to our original itinerary.

Planning a business is very similar in that you need to develop […]

Precise Cash Flow Management: Best Practices

Improving your cash position brings opportunities and reduces business risk

In the absence of equity and debt financing, alternative cash-flow management strategies can make a positive difference.

These ideas will not apply to ALL businesses but perhaps there are some you can implement. 

1. Get Better Vendor Payment Terms

Vendors are partners and are invested in […]

Cash flow forecasting with confidence

How to build a living cash flow forecast

By Salisburys Director, Ben Gay

A common problem we hear often from business owners is:

 “I don’t understand. You’re telling me I’m making money yet I’ve got no money in the bank.”

Profit and what you see on the bottom of a Profit & Loss (P&L) Account […]

Breaking Old Habits to Drive Costs Down

Don’t get caught in old bad habits

Especially where you can quickly improve the bottom line

“Old habits die hard | Old soldiers just fade away | Old habits die hard | Harder than November rain”

Recognize the song? It’s called “Old Habits Die Hard” and the lyrics were written by Mick Jagger for the […]