Cash is King: Understanding the cash cycle in your small business
Peer to peer lending is all about sharing and collaboration, so today we’re delighted to have a guest article on the FundingKnight blog. We want to make the blog interesting for all members of the FundingKnight community, including businesses looking for funding or those who have already used us for a small business loan and today’s guest author certainly has plenty of good advice for small businesses hoping to improve their financial management.
Steve Bicknell is the Group FD at SCA Group www.sca-group.com. He’s held a number of Directorships and created Accounting 4 Business. He’s a fellow and Panel Assessor for CIMA and his blog and You Tube videos hold a wealth of tax and accountancy advice. Today, he’s talking about understanding cash flow, we hope it’s useful.
As the saying goes, Sales are Vanity, Profit is Sanity and Cash is King. The Cash Cycle also known as…
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