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Which is more important? Cashflow or profit?

Which is more important? Cashflow or profit?

Which is more important? Cashflow or profit? We’ll explain why getting in control of your cash is vital for the stability and continued success of your business.
#businessadvice #SmallBusiness #profit #cashflow

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CJA Accountants Limited

CJA Accountants Limited

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Passionately helping business owners, understand their numbers to boost profits & wealth 💰💎

Came home to this lovely surprise from Mortgages and Insurance Advice by Julie Smyth. Thank you so much 😊 ... See MoreSee Less
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This is one of the common reasons we are finding that clients are looking to move accountants. We always make sure that clients are not breaking the law, but don’t we all want to be as tax efficient as we possibly can be? ... See MoreSee Less
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Today I sent out a newsletter to our clients, to advise them of the changes to minimum wages and the reduction of the age threshold where the full NLW comes into effect. For me with two employees turning 21 before April, it has meant that my wages bill will be £12k a year higher. And these changes are being felt by many clients who have already been hit with raises in costs over the last couple of years. For a small business who is already operating on tight margins, these changes can have a massive impact on cashflow and profits, and without proper planning could ultimately result in the owner taking a pay cut themselves to cover the cost of staff wages. If you are worried about how these changes will affect your business or if you are wanting help and guidance on how financial planning can help to elevate these changes in the future, then contact us and we will discuss your individual circumstances. ... See MoreSee Less
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