These are tips on how to get more cash coming into your business. For more cash flow management tips, read here: http://bit.ly/2ebCf3c

1. Business
Growth
CASH FLOW GOALS TO
WWW.EUSS.EDU
PAUL MARTIN CHARTERED ACCOUNTANT

2. Cash flow
Is the amount of money coming in and out of your business.
Cash usually comes from selling your goods and/or services.
The cash is used to maintain business activities, like paying for
materials to make your products, employee wages, rent and
other operating expenses. It is the main indicator that your
business is doing well.
PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM

3. HOW DO YOU
GET MORE
CASH
COMING INTO
YOUR
BUSINESS?
EASTWAY UNIVERSITY OF HUMANITIES WWW. EUSS. EDU/ EIPA

4. PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM
Save at least enough cash that would cover 90 days' worth of
your business expenses to cover any unexpected events like
natural disasters, market fluctuations, poor economy, illness, and
more.
Tip No. 1 - Have cash reserves

5. PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM
Debts are not good for your cash flow. If you have debt, make it a
priority to pay it back as soon as you can. As much as possible,
avoid acquiring unnecessary debts. If unavoidable, make sure
that paying that debt is your number one priority.
Tip No. 2 - Avoid debt

6. PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM
Your net margin should be above 10 percent to have a healthy
cash flow. If it is below that margin, then you need to reassess
the status of your business and identify where you are falling
short.
Tip No. 3 - Set a target margin

7. PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM
Pay yourself a reasonable wage. You deserve it. And don't
underpay yourself. This can affect your personal finances. Also, if
you can't pay yourself enough, it only means that you are not
confident in the ability of your business to make a profit.
Tip No. 4 - Pay yourself

8. PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM
If you have a good cash flow, you will be able to save enough for
capital investments and/or expansion, so always aim for this. This
shows that your business is in a good financial position and that
you are using your cash effectively.
Tip No. 5 - Go for capital investments

9. These cash flow goals can help
you to plan for the growth of
your business. Depending on
your business strategy, you may
identify from these goals which
to prioritise.
PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM

10. Need help to establish good cash
flow management practices?
CONTACT OUR TEAM OF
CHARTERED ACCOUNTANTS IN AUCKLAND ON
(09) 576 4166
PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM

11. We also offer the
following services:
Annual Accounts, Tax Returns,
and GST
Online Accounting
Business Planning and
Development
Rental Properties, Trusts, and
more
PAUL MARTIN CHARTERED ACCOUNTANT WWW. PMARTINCA. COM

12. The End
KEEP YOUR BUSINESS
GROWING!
WWW. PMARTINCA. COM