Cashing In on Your Business Success

By Peter Adams

To achieve business excellence, you need commitment and effort from your team. This book gives you five simple steps to achieve business excellence through better control of cash flow. Cash flow is the life-blood of all companies. Without sound management of cash in and out of your business, you will never succeed in achieving business excellence.

This book will guide you through five critical steps to control the cash movements in your business:

Step 1 – Analyse Present Conditions
Step 2 – No Internal Controls
Step 3 – Risk Assessment
Step 4 – Planning and Monitoring
Step 5 – The Road to Business Excellence

The implementation of these five steps will guide your business to long-term success and possibly retain a competitive advantage over your competitors.

• Language: English
• Publisher: Peter Adams
• Release date: Dec 25, 2017
• ISBN: 9781370718153

Peter Adams

I help restaurants/cafes improve profitability/cash flows by strengthening operational and financial efficiencies to become more resilient, build a better future and offer fair rewards to their stakeholders. I am a virtual CFO, Accountant, Business Consultant and Coach helping small to large size organizations achieve their goals with my experience handling finances, accounts, business systems, business processes and many types of business documentation writing. I have over 30 years of business experience, culminating in my current position as one of the top qualified CFOs and Business Managers across all industry sectors.

Book preview

Cashing in On Business Success

5 Steps to Better Business Excellence

Author – Peter Adams

Peter Adams Coaching and Consulting Ltd.

Copyright 2019 Peter Adams

Smashwords Edition

ISBN: 9781370718153

Smashwords Edition, License Notes No part of this book (publication) may be reproduced or transmitted in any form or by any means, mechanical or electronic, including photocopying and recording, or by information storage and retrieval system without written permission from the publisher.

Published by Peter Adams

Table of Contents

Introduction

The Issues

Cash Flow Life Cycle

Step 1 – Analyse Present Conditions

Step 2 – No Internal Controls

Step 3 – Risk Assessment

Step 4 – Planning and Monitoring

Step 5 – The Road to Business Excellence

Bonus

Special Offer

About Peter Adams

Other Titles by Peter Adams

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Introduction

Small businesses are a critical part of any economy. In most countries, small businesses form the backbone of the economy. Small and medium-sized enterprises (SMEs) account for over 95% of firms and 60%-70% of employment and generate a large share of new jobs in OECD economies.

When you're a small business entrepreneur, it's easy to feel as if the problems your business faces are unique. You're so immersed in your daily duties and issues that you may fail to recognize that your major problems are essentially the same as what the competition is facing.

In today’s world, the number of businesses starting up is growing by the day. With more company displacing employees, the market has shifted from employment to small business entrepreneurs. The consequence of employees now turning business entrepreneurs comes at a risk mainly through lack of education and management skills. There is no formal training that helps you with business set up, growing your business coupled with exit strategies. This philosophy also applies to established businesses with the lack of training.

Starting a business is a big achievement for many business entrepreneurs but maintaining one is the larger challenge. There are many standard challenges that face every business whether they are large or small. These include things like hiring the right people, customers, production, cash flow, building a brand and so on. However, there are some that are unique to small businesses - ones most