How Important is Cash Flow?

29 September 2021

When it comes to our Cardiff accountants, we know that they would tell you that it is one of the most important factors for your business. So, how important is cash flow for your business? Well in this article we are going to explain why keeping an eye on your incoming and outgoing payments is incredibly important, especially with the rise in costs of literally everything during the pandemic.

The Heart of a Business

Any business any where around the world will tell you that cash flow is extremely important when managing your business. Even the most profitable businesses around the world need great organisational skills to manage their cash flow. Having good cashflow also means having good business sense!

At the end of the day, making sure that all of your clients are paying on time is a key aspect of a good working business. Without this, there is always a possibility of crumbling in the new financial market.

What Can We Do for You?

Here at Evans Entwistle, we make sure that you have the most out of your cash. If you are experiencing issues with cash flow then feel free to get in touch with out Cardiff accountants, as they have the ability to sort out any problems you may be facing. As we provide cash flow statements that you can understand as well as your bank, helping you to manage your cash on a day-to-day basis helping you create a brighter future for your business.

We will also help you to make informed decisions on payment terms when you have a new potential client by performing credit checks and such. This way, you can rest assured that the individual or company you are dealing with is legitimate. If you are unsure about a potential customer then feel free to contact one of our Cardiff accountants.

Get in Touch with us Today!

There are many ways to contact us here at Evans Entwistle and the choice of how you decide to get in touch is completely yours to make.

Feel free to fill out our request a call back form on our contact us page. Once this is completed one of our Cardiff accountants will get in touch as soon as possible to discuss what we can do for your business.

You can always give us a call on one of the many numbers we have or our different offices, but if you are looking for our Cardiff accountants especially then it is best to call us on 02920 713 800. Then, one of our accountants in Cardiff will answer any questions that you may have regarding accounting or one of the other services we provide.

Another way to get in touch is by walking into one of the three offices we have. As we have offices in Bristol, Cardiff and Newport. However, if you are searching for our Cardiff accountants then we would advise you to check in at our Cardiff office.