I have been working in the hospitality industry for the best part of 7 years, from waiting positions to managing restaurants. It is an incredible industry, we can all agree that is not for most people but for us (the selected few) it is an industry that keeps calling you back even if you try …
When we talk about cash flow there is always two sides, the inflows (receivables) and the outflows (payables). These will drive your cash position for good or bad. I have previously talked about the receivable side of things but haven’t touched much on the payable side of the cash flow picture. So I thought it …
At one point or another we all think having big customers or corporate companies as clients is a great decision, most times it is a great decision but one that comes with implied consequences that you should be aware of, so what are these consequences? We will break down some the good and the bad …
Its been a few months since we have integrated consulting as part of our services at Avila Financial Solutions, in the beginning, it was tricky to really say whether we wanted to provide financial or commercial advice, but then it dawned on us. Finance is a consequence of commercial decisions, at least in an analytical …
When we talk about accounting and finance it is like talking about two cousins, although related they are very different and only talk to each other on very specific moments (holidays, birthdays etc…). We wanted to break down the differences, similarities and how as SME owners you should be using each of them: Differences: Accounting …
When it comes to financing there is a lot of things we need to contemplate, particularly for small and medium-sized businesses. Most business owners and companies use financing as a way to keep their company from falling into bankruptcy. I wanted to share some principles that can help you use financing in a better way …
With the increasing demand from people for both quality products and services, it is very hard to keep on top your business financial position and goals. As a new year starts I wanted to break down what I believe are the best tips for keeping your company thriving and above the day to day fight …