Blue Emerald - Xero Experts

A Trap That Causes Many Businesses To Go Broke, While They’re Making a Profit

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full […]

3 Reasons Personal Budgeting Is Brilliant, Not Boring!

If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both? But what do most families do? When you think about it, a family is actually a mini business. There is income, there are expenses and there […]

A Cashflow Strategy On Steroids

We’re all aware that businesses are paying particular attention to cashflow in current times. In the majority of industries, there have been a growing number of challenges that are affecting cashflow. And every other business article I am reading is talking about yet another large company collapsing. Tough times are certainly upon most businesses.   […]

Making Your Cashflow Work For You

Strong cashflow is a vital part of a business whether you are large or small. It ranks high in the reasons why an otherwise successful business fails. The simple definition of cashflow means “Do I have enough in the bank account to cover all the expenses?”   Unfortunately, this is an area that alot of […]