Why you can never judge a business by its profits

Why you can never judge a business by its profits Craig Alexander Rattray is a Growth Strategist and Cash Flow Expert based in Glasgow, Scotland. He is the author of Mastering Cash Flow for Business Owners. The UK government has announced a consultation into the future of auditing, in an attempt to avoid major collapses like BHS,…

Why you can Never Judge a Business by its Profits

Craig Alexander Rattray is a Growth Strategist and Cash Flow Expert based in Glasgow, Scotland. He is the author of Mastering Cash Flow for Business Owners. The UK government has announced a consultation into the future of auditing, in an attempt to avoid major collapses like BHS, Carillion, Thomas Cook and Patisserie Valerie. There are various proposals that Business…

Why it Counts to Understand the Numbers

As the business owner you are not expected to be the finance expert. However, you must understand your financials and your cash flow. Many business owners who have run their own company for many years are often too proud to admit they do not fully understand accounts and finance. Do not be one of them!…

What Does it Mean to Own a Profitable Business?

Profit is the difference between the total of all sales less the total of all costs and expenses for a particular period. Many business owners may realise at some stage that that the profit they make in the business does not equal their cash flow, unless they are dealing solely in cash, which is unlikely…

Interview with Terry Murden, Editor Daily Business

Managing Cash is More Than Just Going With the Flow Interview: Craig Alexander Rattray, Growth Strategist and Cash Expert As an accountant-turned-growth-strategist Craig Alexander Rattray has been inside a lot of boardrooms and worked with many owners and executives, and he’s prepared to offer an honest assessment about what he’s found. He says that even…