Tips to improve your cashflow

If ever you find yourself in a situation where the money is getting tighter, it could be a good idea to analyse your cashflow.

In the simplest terms, your cashflow is the difference between the cash that comes in (what you get from customers) and the cash that goes out (to suppliers, employees, bills, etc.).

Here are some helpful tips and tricks that we came across that could be helpful to use in your business:

• https://www.cashflow-manager.com.au/managing-cash-flow-for-small-businesses/
• https://www.myob.com/au/blog/methods-to-improve-cash-flow/
• https://www.findex.com.au/insights/article/cashflow-management-tips
• https://www.bdo.com.au/en-au/insights/business-services/seven-strategies-to-improve-cash-flow-for-your-small-business