How to Protect Your Cash Flow
Download your ebook today
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
If you have any questions regarding cash flow management and protecting your business, please find us in your country and contact our local teams.
Why is cash flow management so crucial?
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 unpaid invoices. 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 cash flow forecast can also be to help you define the best moment to invest, such as buying a new expensive software or piece of machinery.