Cash flow control within your business is fundamentally important yet so many of us retiring away from it or put it to the bottom of the pile to be concerned about another day. Most of the time you are too busy running your business to realise that customers have not paid. Whether it is because we are too busy or too polite to ask for payment, the fact remains that a credit control function is very important to businesses performing well in today’s difficult economic environment.Continue Reading →
We all know how critical it is to manage the flow of cash in and out of your business. Here is a short list of 5 things that can help you improve your cash flow in the small time.
1. Invoice perfectly and on time
Everyone makes mistakes – we are only human after all. But, the fewest mistakes on one of your invoices provide an explanation to delay payment. So make sure that all your invoices are precise.Continue Reading →