Everything about cash flow, liquidity and financial management

Factoring describes the sale of receivables from goods sales or services to third parties. If your company has completed an order and delivered goods or a service, the invoice will subsequently be sent to the customer. Your customer must then settle the invoice within the agreed payment term. This is where factoring comes into play: You send a copy of this invoice to the factoring service provider. Within 24 hours, you will receive your receivables directly from the factoring service provider.

In a turbulent business environment, it's crucial that you always keep an overview of your finances. Tidely offers you a flexible tool to efficiently manage your liquidity and make informed decisions. With real-time cash flow analyses and integrated scenario testing, Tidely enables you to precisely plan future financial developments. This allows you to better plan investments and identify potential liquidity shortages early on. Discover how Tidely strengthens your financial control and gives you more time to focus on growing your business. Test Tidely and see for yourself the benefits it offers!

The economic aftermath of Corona is still being felt, and now inflation and current global politics are causing the next uncertainties and shortages for companies of all industries and sizes. Due solely to pandemic-related economic impacts, up to 25,000 insolvencies are expected in 2022 – especially among small businesses. Bankruptcy seems to hang like a Damocles' sword over many entrepreneurs, but what exactly is insolvency? When does it threaten? And what are the consequences for a company?

Anyone running a business knows that things often turn out differently than planned. Initially focusing in one direction, internal and external factors, which were unexpected, can force companies to reconsider or even change their strategy, and often it’s not possible to react flexibly enough to favourable events. Therefore, it’s crucial for entrepreneurs to play out various scenarios and prepare potential strategies. Setting up scenarios can serve as a decision-making aid for strategic alternatives as well as assist in the development of specific strategies in case of unexpected internal and external events. Scenarios are particularly used in financial and liquidity planning to better estimate changes in cash flow and avoid liquidity shortages.

Efficient liquidity planning is crucial for the success of your business. It allows you to better manage your financial resources, identify bottlenecks, and prepare for future financial challenges. But how can you implement this planning effectively without consuming vast amounts of time and resources? Below, we explain what matters in liquidity planning. A template will also make it easier for you to take the first steps.

"Time is money"—a statement that most agencies would likely agree with immediately, as time is often scarce in their daily work routine. This stress factor, alongside high customer expectations, competitive pressure, and simultaneous shortage of skilled workers, often leads to excessive pressure on agencies.

Cash flow shows how much money flows into your company and how much comes out. It is a key figure for the financial strength and liquidity of your company. In this article, you will learn what types of cash flow there are, how to calculate cash flow, and which methods are suitable for evaluation. You'll also get tips on how to optimize your cash flow and learn how software solutions like Tidely can help you do that.

Everyday life in startups usually can't be called everyday life. Each day is different from the previous one and usually completely different than planned. Decisions must be made quickly, alternative strategies developed and flexible action made possible. To ensure this, employees often assume a high level of responsibility and decision-making power. A majority of the decisions to be made during the growth phase of a startup involve spending — whether subscriptions for important services, office furniture and technology for new colleagues, or simply a team brunch in the office. In the past, you had to go to the boss or assistant every time, describe your request and borrow the only credit card available and the linked hand to send the TAN. This cost time and nerves — something that is inherently scarce in startups.

As a founder of a startup, the liquidity of the company is a crucial issue that you likely deal with on a daily basis. What does the liquidity situation look like? How long will the money last? What adjustments can be made to save money? And what measures can be taken to bring more money into the company? These questions and their corresponding answers are not only of interest to the internal responsible parties but also to external investors like business angels, VCs, etc., who naturally want to stay informed about the current liquidity status of the startup they have invested in.