Cashflow & Funding
Cashflow, small business grants and
government funding possibilities
What is Cashflow?
Cashflow is the cash and cash-equivalents being transferred into and out of a business. Cash inflows are items such as customer payments, debtor receipts, proceeds from the disposals of assets or bank loan receipts. Cash outflows are items such as staff wages and salaries, overhead payments, payments for new assets, bank loan repayments or payments to the Revenue Commissioners. The resulting net effect of all cash inflows and outflows is known as a company’s free cash flow position.
Cashflow difficulties and funding through small business grants
We have all heard the unknown authors expression “Revenue is vanity, profit is sanity, but cash is king.” All businesses need to be concerned about cashflow and cashflow forecast. If you run into cashflow difficulties, it may be too late to seek help. Know what small business funding and government grants opportunities are available to you, and have them sourced and in the pipe-line before you need them.
What’s in it for you?
The key to emerging from any crisis is a company’s ability to generate positive free cash flows. I can set up a simple cashflow template and train your employees to update weekly or monthly, depending on your requirements. This may prevent or alert to trouble ahead. A profitable business does not necessarily mean a healthy bank account.
Do you know of the available government funding opportunities and small business grants?
Some government bodies give grants and funding to businesses that assist with business growth, e.g.: capital & employment, Research & Development, transitioning to LEAN and training grants. These government grants are non-repayable. It is in the business’ interest to know about these funding opportunities before any spending takes place or before applying for a loan for any specific project.
Who is it for?
Funding is required by any company at early start-up phase with initial outlay on Capital or requiring high set-up spend. It is also for companies in growth phase, that want to expand, or for companies with temporary cash flow issues for a myriad of different reason.
What’s in it for you?
We can simplify the funding application process with my experience and assistance. I can help you with financial projections and the Business Plan to ensure funding is approved. Banks and funding bodies will look for a solid Business Plan.