Keep the cash flowing with a small business

If you want to have success with your small business then go through this top 10 list

1. Be flexible
2. Train up
3. Expansion: part one
4. Expansion: part two
5. Don’t just bank on banks
6. Go public?
7. Get your message across
8. Get supplied
9. Get paid on time

10. Keep the cash flowing – Debt is not necessarily a bad thing for small firms attempting to grow.

However, it’s essential that you keep up with repayments or your whole business could be at risk.

Make sure you operate a well-organised cash flow system – try to negotiate repayments so that you can pay in instalments when it suits you best, try to use a business debit or credit card to cut down on paperwork, make sure your records are well looked after and ensure that you are aware of all outstanding debts.

Reproduced from start-ups.co.uk

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