How to Protect Your Cash Flow
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What’s the ebook about?
Our complete guide covers everything from basic knowledge to advanced options:
- The basics of cash flow management
- Common cash flow pitfalls
- A six-step guide to keeping track of your cash flow
- Tips for credit control and faster payments
- How to ensure you’re covered if faced with bad debts
It’s a must-have for SMEs who want to protect their business and it’s completely free. Staying in the #SafeZone has never been easier.
Cash Flow Management Tips
Running out of cash if the top reason why small businesses fail. A regular supply of cash is vital to any organisation, so that it can pay salaries and bills, as well as invest in growth. Even companies that manage to make a lot of sales can become insolvent if cash flow is disrupted, for example in case of . This is why tracking your cash flow each month is essential. By analysing what happened the previous month and creating a cash flow forecast of the months to come, you’ll be able to spot trends, anticipate when your business might need more cash and prevent cash flow problems. Another advantage of a can also be to help you define the best moment to invest, such as buying a new expensive software or piece of machinery.