By Michael O'Donnell 3 Jul 2020 As a business owner, crystal balls, fingers-in-the-air and gut feelings may have served you well when it comes to cash forecasting. But as you navigate out of the Covid19 difficulties, having a simple and quick method of understanding your cash flow status is critical. A rolling 50-Day Cash Outlook tells you what payments are going to be made, based on the best information available to you at that time. It will give you either reassurance that

By Michael O'Donnell 13 Sept 2020 Next time you’re doing a sailing course, or simply taking a walk by the harbour and boat yards, take a look at the tell-tales on the sails. They look like small red and green shoe laces at points on the sails that dangle and flap in the wind. They look fragile and pointless. In fact they’ve an important function that helps the crew trim their sails correctly, to maximise the efficiency of the sails – reducing the turbulence that causes the sa