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Ways to improve your business cash flow

By the resi financial blog team, 09 December 2014

Ways to improve your business cash flow

Christmas is a classic time for small businesses to run into cash-flow problems. Customers go on holidays and it can sometimes be weeks before bills are paid. Here are some simple tips to improve your business cash flow, not only over the Christmas period, but throughout the rest of the year as well.

- Make sure you have a good idea of your financial position so you are not flying blind. Start with your overheads such as wages and rent and then factor in what your margins are on the goods and services you’re ...

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