Credit Control - A Practical Guide to Keeping Your Business Financially Healthy
Credit control is essential for every business, even though it's often overlooked. It’s more than just keeping track of who owes you money; it’s a smart, proactive approach to getting paid on time and maintaining a healthy cash flow.
Managing Cash Flow in Volatile Economic Times
An unpredictable economic climate seems to be the norm these days, with businesses faced with a unique set of challenges that can strain financial stability. Changes in inflation, fluctuating interest rates, and global uncertainties, mean that maintaining a healthy cash flow is more important than ever. Cash flow - the movement of money in and out of a business - acts as the lifeblood of any organisation.
Why is a Cash Flow Forecast Important?
A cash flow forecast is a vital financial tool that can provide valuable insights into the health of your business. It offers a detailed prediction of your incoming and outgoing cash, allowing you to make informed decisions about your operations and future growth.