Category Archives: Cash

Relating to business cash in the current economic situation

Keep your cashflow under control(5)

This is the fifth and last of the series: 9. Review wages and salaries – In times where cash is tight, these (usually) monthly payments are strain on cashflow. 10. Consider invoice finance – These facilities can bring in a … Continue reading

Posted in Cash | Leave a comment

Keep your cashflow under control (4)

This is the fourth of the series: 7. Take precautions – consider taking out insurance to cover all trading with a large or doubtful customers or even against individual invoices. 8. Negotiate or re-negotiate credit terms with suppliers – Ask … Continue reading

Posted in Cash | Leave a comment

Keep your cashflow under control (3)

This is the third of the series: 5. Invoice promptly – issue them as soon as is practical. Soon after they are issued contact the customer by phone or email ensuring they have the invoice in their system and that … Continue reading

Posted in Cash | Leave a comment

Keep your cashflow under control (2)

This is the second of the series: 3. Keep costs down – Review all your cost items (including products and energy) and relate this to efficiency. I have read that turning off one PC overnight can save over £50 a … Continue reading

Posted in Cash | Leave a comment

Keep your cashflow under control

It has been said before by many, but it is worth repeating – ‘Sales are flattery, profits are sanity but cash is king’. It has been reported that 30 per cent of companies in the South East still suffer from … Continue reading

Posted in Cash | Leave a comment