Optimising Cash Flow for Small Businesses
Cash flow is the heartbeat of every small business. It’s not just about tracking what’s coming in and going out but ensuring there’s enough cash on hand to cover daily needs like rent, supplier payments, and wages. Even a profitable business can struggle if cash isn’t managed well. This article shares practical steps, from setting up a simple cash flow forecast to managing expenses, collecting payments faster, and building a reserve. With real-world tips and a look at how Sarah’s boutique got back on track, you’ll gain easy-to-apply advice to help clients keep their cash flowing smoothly.
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