Cash flow is critical for any business – particularly small businesses.
82% of businesses that go under cite cash flow problems as a key reason why.
As an advisor, helping business owners with their cash flow is a core service.
Promoting healthy cash flow
A few tips to help businesses become cash flow positive:
- Monitor their finances closely and regularly
- Send invoice reminders to reduce late payments
- Keep the accounting simple
- Build up their bank account
- Make invoices due before bills are
- Send invoices promptly
- Streamline inventory management
Your cash flow buddy
Cashflow Buddy is a new tool to help you project a business’s cash flow in just ten minutes.
- Make identifying cash flow easy
- Recognise periods of low cash flow in advance
- Link to your accounting system for automated forecasting
- Straightforward modelling and reporting to show clients
Make working with your clients easier and faster.
Check out a free, no-obligation demo with our team today.
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