Author: MBS Advisors
Cash is Not Profit and vice versa
The purpose of a business is to make money, and that means you have to know the difference between profit and cashflow. Net profit is what you have left after you deduct all your business expenses from all your revenue. You change net profit only by changing the things that...
Want to Save Money? Look at your Expenses.
Running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position. This can make it more difficult to grow and make a profit. So, what can you...
Support for Farmers
Farming can be tough and unpredictable. That’s why having the support - financially and holistically - is key. Here are some helpful ways you can access assistance during the ups and downs. The Farm Debt Mediation Scheme Farmers under financial strain will have access to extra support and guidance from...