10 tactics to improve cash flow for your business
Cash flow problems can hurt any business. Here are 10 useful ways to boost your business' cash flow.
Positive cash flow ensures you have enough funds to cover the bills and the resources for growth. On the other hand, if your debts are due before your receivables are paid, you’ll experience cash flow difficulties. According to the Federation of Small Businesses, small businesses in the UK are owed £6,142 on average, while 30% of SMEs are forced to use an overdraft to deal with the financial impact of cash flow issues. We’ll cover how to improve your positive cash flow with ten simple tactics.