Propel Business Group

How better financial reporting helps you grow faster

Every business will have a particular way of tracking and measuring how its business is performing. If you can identify when key indicators deteriorate to a level that causes concern, you can take early action. The easiest cash flow warning trigger tends to be your monthly sales revenue; when it falls below a certain amount, you need to cover overheads or your growth target....

How better financial reporting helps you grow faster Every business will have a particular way of tracking and measuring how its business is performing. If you can identify when key indicators deteriorate to a level that causes concern, you can take…

Understanding balance sheets, profit and loss, and cash flow

Running a business is much easier when you know what your financial reports are telling you. Three of the most important documents are the balance sheet, the profit and loss account (sometimes called an income statement) and cash flow statement. Think of these as your business’s health check-ups. What is a profit and loss account? A profit and loss account (P&L) measures how much money your business made and spent over a period of time (usually a year)....

Understanding balance sheets, profit and loss, and cash flow Running a business is much easier when you know what your financial reports are telling you. Three of the most important documents are the balance sheet, the profit and loss account (sometimes cal…

7 step strategy to increase sales

If you want to increase sales as quickly as you can, you’re going to need an efficient marketing plan and a highly targeted sales strategy. Step 1. Sell more to your existing customers If you have existing customers that would buy again from you or inactive customers waiting to be contacted again, then you may be able to increase sales by simply focusing on what is right in front of you....

7 step strategy to increase sales If you want to increase sales as quickly as you can, you’re going to need an efficient marketing plan and a highly targeted sales strategy. Step 1. Sell more to your existing customers If you have…