Keeping the Cash in your Business
Cash flow is the “life blood” of any business.
It is crucial to ensure this remains positive in order to create a sustainable and
profitable business that can attract and retain good staff while
meeting the ever-increasing costs of compliance.
If a business has cash tied up in existing assets or is looking at using cash reserves to pay for the acquisition of new assets, then the key question that should be asked is…
“what is the ‘opportunity cost’ to the business of not having these funds available for working capital”… i.e. what additional revenue could be generated if these funds were used to
increase production or purchase more inventory?
Having a finance provider who can genuinely help you with structuring relevant finance for new assets or help you release equity from your existing assets may mean the difference between stress or success in your business.