Improving and managing cash flow for business
The key to successful cash flow management is to carefully watch your stock levels. It also means you'll have to keep a close eye on your payments to suppliers, and the payments from customers who owe you money - your debtors.
According to the Bibby Barometer Small Business Survey 2012, the most common reason for cash flow problems for Australian small businesses is customers making excuses for slow payment. For assistance dealing with this issue visit our Invoicing and Debt Recovery section.
Managing stock
Good stock management involves buying the right amount to satisfy customer needs and the ability to identify excess or old stock
Finding and choosing suppliers checklist
Finding and choosing the right suppliers is important. Use our simple three step process to get it right
Supplier management procedure and business disputes
Managing supplier payments and having a dispute resolution process will keep your finances healthy
Cash flow forecasting
A cash flow forecast will predict if you will have enough cash to support the business. Use our tips and free cash flow statements template to get started
Useful Tools
Expert Picks
Top five business tools recommended by expert Jan Barned:
