Cash Management System – Love Your Business Series
Our Cash Management System (CMS) is a simple but highly effective way for businesses of all sizes to actively manage the cash they have, all within their bank system.
This introduction video goes through the basics and why something like this is needed. The second video take you through the steps to implement the system yourself.
The benefits of the system are:
- Knowing how much cash you have at any time (you already know this by looking at your bank account)
- Having every penny allocated a role, whether that’s to pay supplier, payroll, equipment purchases etc.
- You know at a glance of your bank account, that you have enough money to meet to following costs of doing business:
- Payroll
- Suppliers
- VAT
- Tax
- Owner pay
- Profit! Instantly make your business profitable!
Watch the video for more information
Here’s the video on implementing the CMS
Links to the calculator we are using: https://drive.google.com/file/d/1VMqdQq8_mJxQSnNI1qunmu9DWBE9G6dT/view?usp=sharing
Recommend tools / banks for getting the system up and running:
https://www.starlingbank.com/about/
https://www.revolut.com/business/business-account-plans
To book a free 30 minute discussion about the system, please book here: https://loveaccountancy.youcanbook.me/service/jsps/cal.jsp?cal=de6c2d42-f6df-4c6e-8c98-c0b6bbb21ad0&ini=1624876428250&service=jsid7012604&team=Mark+Nesbitt
If you have any questions about the system, please submit them using this form: https://forms.gle/jiX4Xz7iuUpJyC5Q9