info@startups.ie 01 9618922

All posts by Michael O'Brien

Advice Categories.

The Startup Awards

Startup Steve

The Startup Awards are all about recognising the very best of young Irish businesses and rewarding them for their innovation, endeavour, and graft.

By celebrating that entrepreneurial spirit, the Startup Awards seek to drive Ireland’s new business forward both in 2014 and beyond.

We are inviting entries from young Irish companies, partnerships, and sole traders in categories across all sectors of the economy.

Startup Awards.

Author by Michael O'Brien

Michael O'Brien

Cash flow the lifeblood of Small Businesses – Part 3

Published at: August 4, 2015 / Category: Financing, Startups Blog / Comments: No Comments

    Benefits of good cash flow management The overall aim of highlighting the issues mentioned above is to firstly make you more aware of your cash position which will ultimately help you to improve it. The ability to monitor your cash flow situation is hugely important when it comes to trying to get your business to thrive under pressure. By simply being able to follow good cash flow procedures your business will reap the rewards almost instantly when it comes to building and growing your company. Pay your debts Having a good cash flow situation will make the payment of debts easier. The ability to pay your bills on

read more
Michael O'Brien

Cash Flow – The Lifeblood of Small Businesses Part 2

Published at: July 28, 2015 / Category: Financing, Startups Blog / Comments: No Comments

  This is the second in our series of blogs on Cash Flow – by Michael O’Brien of Big Red Cloud.   Leading on from Part one where you should have a clear understanding of the importance of cash flow, now we go to the next step and look at cash flow measurement. What we can measure, we can fix! Cash flow measurement Having the ability and know how to foresee your cash flow situation over the course of the coming months is something you should try and master. The better prepared you are, the less issues you will come across along the way. Get the basics right: Cash flow

read more
Michael O'Brien

Cash Flow – the Lifeblood of Small Businesses

Published at: July 27, 2015 / Category: Financing, Startups Blog / Comments: No Comments

In the First of a 3 part series Michael from Big Red Cloud explains the importance of cash Flow for Startups…. The importance of cash flow is misunderstood by many business owners and managers with the result that many a profitable business actually goes out of business. It’s a hard concept to grasp: if I run a profitable business, how on earth could I go out of business. Read our three part series on cash flow and you’ll get a full understanding of cash flow and realise how profit is no guarantee of survival. It’s no coincidence that they say “revenue is vanity, profit is sanity, but cash is king”.

read more