Category: Cashflow Issues and Solutions

Avoid Cash Flow Problems: Stay Profitable

Naturally, lack of profit will lead to a lack of cash. The amount of time it takes a business to run out of cash depends on a number of factors. Ultimately, no business can sustain losses indefinitely.

Avoid Cash Flow Problems: Keep Credit Terms In-Sync

If the credit terms you have set your customers are out of sync with the credit terms set by your suppliers, negative cash flow can build up which will worsen over time.

Avoid Cash Flow Problems: Reduce the Likelihood of Bad Debts

Bad debts are amounts owed by customers that cannot be recovered. They can be a crippling for a new business and can easily occur if a proper credit control system is not put in place early on.

Avoid Cash Flow Problems: Organise your Books

Lots of new business owners put their bookkeeping to one side because they’re so busy with the huge work load of setting up a business. That’s understandable, but if the books aren’t organized, troubling times lie ahead.

5 Worst Cash-Flow Mistakes: Part 5

Here is Part 5 of the 5 Most Common Cash-Flow Mistakes that Small-Business Owners make…Not keeping a cushion of cash on hand

5 Worst Cash-Flow Mistakes: Part 4

Here is Part 4 of the 5 Most Common Cash-Flow Mistakes that Small-Business Owners make…Not using a cash-flow budget

5 Worst Cash-Flow Mistakes: Part 3

Here is Part 3 of the 5 Most Common Cash-Flow Mistakes that Small-Business Owners make…Being passive about past-due receivables

5 Worst Cash-Flow Mistakes: Part 2

Here is Part 2 of the 5 Most Common Cash-Flow Mistakes that Small-Business Owners make…Engaging in impulse spending during the startup phase

5 Worst Cash-Flow Mistakes: Part 1

You can’t survive if you can’t manage your company’s cash flow. Here is Part 1 of the 5 Most Common Cash-Flow Mistakes that Small-Business Owners make…Overestimating future sales volumes