Tag: cashflow

In the world of business, maintaining a healthy cash flow is essential, and one key factor in achieving this is effectively managing your debt collection. But how do you measure and improve debtor days? What Are Debtor Days? Debtor days refer to the average time it takes for your customers to settle their invoices. While…

Cashflow is vital for your business’s health and can often be a source of stress. To boost your cashflow, consider these 10 straightforward tactics: Set Clear Terms of Trade Establish clear Terms of Trade for every project. Define your invoicing procedures, expected payment timeline, and consequences for late or non-payment. Offer Payment Options Explore payment…

Interest rates…it looks like the increases will keep coming, so it’s important to get on top of your cashflow and implement some interest rate strategies. Contact us if you would like to find out more.

Cashflow is confidence – the more you have, the better! Try the below strategies to help take control of your cashflow: Talk to us about strategies you can implement to get the cash flowing in your business. “You must gain control over your money, or the lack of it will forever control you.” – Dave…

Do you have a good debtor collection system in place for your business? Glenn explains the importance of getting this process right in this short video.

Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key drivers of cashflow. Improving cashflow is often all about changing your business’s processes, for example, how you order stock and pay for it, how you bill…

Did you know that you still have to pay tax on your debtors, even if you haven’t yet collected them? This is because you pay tax on your sales figures, whether you’ve collected the cash or not. So, how do you collect your debtors faster? Don’t procrastinate on your debtors. Establish clear payment terms and…

Profitable businesses can and do fail because of poor cashflow. There are seven key causes of poor cashflow. We can help you fix the causes instead of treating the symptoms.

In this short video Glenn explains why our focus for businesses for the next few months is on cashflow, and what we do in cashflow management coaching. If you would like to find out more contact us to discuss your requirements.

When did you last review your margins? Glenn explains why this can help you make smart financial decisions for the year ahead in this short video.