Cash flow is typically the number one thing that keeps small business owners up at night.
According to the May 2015 Cloud Readiness Survey conducted by Digital First, over 66 percent of accounting firms surveyed report that managing cash flow is the biggest concern facing their small business clients.
Whether it is a result of customers withholding payment, a change in terms and conditions or suppliers withdrawing credit without notice, healthy cash flow is at the core of any business.
Sage has partnered with Business Expert, entrepreneur and Managing Director at Portfolio Directors, Emma Warren to create a guide for small business owners to help them manage their cash flow. Managing money and cash flow is critical for small businesses and the principles of good cash management are straightforward. So if you can get that right, your business will be in a strong position.
In addition to cash flow advice, the guide also offers insights into boosting profit, how to make money, the best way to ask customers for payment and also includes a checklist of 10 ways to avoid a cash flow crisis.
Cash is the lifeblood that runs through the veins of every small business and this insightful guide with all of Emma Warren’s expert advice will have you well on your way to avoiding a cash flow crisis and running a profitable business.