Author: bryonyparkerfinancecoach

Myth Busting – The difference between accountants and bookkeepers

We all know that bookkeepers and accountants are a necessary business function, but do we really understand who does what and why, and what the difference is? Why do we need one and not the other or do we need both? Broadly speaking bookkeepers are primarily concerned with accurately recording your financial data, while accounting […]

Cash Flow Explained

Ok what is Cash Flow?  Cash flow is the flow of money in and out of your business.  It is not anything to do with Profit and Loss and does not show on that report. The best way to manage your cash flow, is to have a cash flow forecast. Your cash flow forecast should […]