Astute management of Accounts Receivable (Collections) can have a big effect on the cash balance of your business.
5 ways to safeguard your business cash flow The survival of many small businesses depends largely on the ability to manage cash. Retailers may need to pay in advance for bulk purchases ahead of the holidays. Hospitality businesses need to make signage and equipment prominent to acquire… Read More >>
It can be a tricky balance extending credit to customers, managing payment and retaining goodwill. Here we explore how to ensure any credit advanced by your business is repaid and the customer bond enhanced (rather than strained) by a credit relationship. We are all familiar… Read More >>