5 tips to avoid the summer cash slump
For many businesses summer can be a tricky time for cash flow. In fact, the quiet summer period can be incredibly productive. We hear from Xero’s small business advisory panel who suggest some small changes that can have a big impact on the traditional summer slump in cash. #Tip 1: Don’t get spooked over summer If you’ve […]
Improving Cashflow: How to get paid faster
Maintaining positive Cashflow can be challenging for small businesses, whether you’re just starting out or have been running your company for years. The difficulty often comes down to waiting for clients to pay their invoices. One or two chronic late payers cost valuable time and money when you have to chase them down; if reliable […]
5 ways to improve your cashflow
Cashflow needs to be your priority in a tough economic climate. This is why many businesses we speak to are looking for ways to boost cashflow in their existing operations. It’s a simple enough formula: collect your receivables as fast as possible and slow down your payables without jeopardizing your relationship with suppliers. If you’re […]
Our 5 top tips to improve your business cashflow in 2016
Most businesses experience cashflow problems from time to time. However if cashflow is a problem for your business more than just occasionally you may want to take action to prevent it happening again. It’s very easy when you run into cashflow problems to blame your customers, the market and your competition, however take a […]