To the blog for small and medium sized business (SME) owners.

Wednesday, March 07, 2007

Business Performance Management

Businesses must generate profit which in turn can be substantially converted into cash. Cash is the lifeblood of the business and without strong profits the future funds available for re-investment will be diminished.

Many business owners believe more sales generate more wealth for the business, however, the detrimental impact more sales may have on the business may not be understood. Higher receivables, higher stocks, overtrading all consume cash and may jeopardise the business. The chart offers guidance on key everyday aspects of business life to help the business owner achieve better than break even.

Discover more on how you can improve your business performance mangement.

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