Business Club Meeting -Managing Cash Flow
Our speaker, Mark Davidson, shared examples of how and why businesses capable of making good profits can go bust, and how businesses that seem to make losses year on year can remain in business.
He also gave tips on the pitfalls to avoid when managing cash flow.
Mark is a CIMA qualified accountant in the UK and Canada, and is currently Head of Reporting at Bear Space LLP, a tax, accounts and consulting firm in south London. To find out more about Bear Space, see www.bslip.co.uk
James Carden, Business Manager at Barclays Bank, then spoke about Access to Finance and explained the process that banks go through when assessing lending applications.