Market Insight

Cash Flow Management

Shakespeare Martineau debt recovery guide

Cash Flow Management

When it comes to effective financial management of any business, cash is king.

Making sure the money you’re owed flows into the business is one of the greatest challenges of being commercially successful.
If cash is king, why is it that so many businesses leave collection of owed debts until the last minute? it’s not intentional and most businesses have processes in place to deal with cash collection however, the challenge is often the lag between the time you have to pay your suppliers and employees and the time you collect from your customers.

The solution is cash flow management. Read our five steps to better cash flow management.

Opening Quote MarkUnpaid debts can cause significant cash flow problems which often contribute to the downfall of businesses, regardless of size. Delays in taking action make matters worseClosing Quote Mark

Jayne Gardner

Partner

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