Strengthen Your Balance Sheet with a Healthy Cash Reserve The COVID-19 pandemic demonstrated, yet again, that nothing is certain in business. A perfectly healthy business can be hit by the unexpected at any time. However, companies with a cash reserve to fall back on...
What you Need to Include on a B2B Invoice Sales invoices may appear to be relatively straightforward documents. However, if you omit certain crucial pieces of information, it could cause payment delays. A sales invoice is not usually considered to be a marketing...
It’s likely you’re making at least one of these invoicing mistakes, but it’s not too late to put good practices in place. If your business sends out sales invoices, it’s a good idea to have your customers on a set billing cycle. This keeps money flowing into...
How to Keep Your Cool and Keep Your Customers Late paying customers are a constant problem for many businesses. When invoices are paid late it affects cash flow, and chasing the slow payers can waste a lot of time. It can also be frustrating to hear the same delaying...
Control Your Accounts Receivable for a Healthy Bottom Line A business cannot survive without working capital. It will not matter how good your products are or how compelling your marketing is. If the company cannot manage its cash flow properly, the company will...
Improve Cash Flow and Enhance Working Capital With These Strategies The working capital of a business is the cash available to spend immediately. In accounting terms, working capital is defined as the current assets, less the current liabilities. If you have negative...
