Never has there been a more crucial time to ensure you cashflow is managed correctly. With the reintroduction of restrictions, it’s paramount to do everything you can to improve your cashflow. The Bank of England estimates that the UK’s small companies could face a cashflow deficient between £40-£70 Billion this year.
Although that statistic may be daunting, read our latest guide where we will provide you with some tips to keep your cashflow out of the red.
You can download the full guide here –
Without Coronavirus the main reason that business’s fail is down to cashflow problems. Whether you are a business owner or planning to set up a business soon our guide will provide you with some insights to keep a closer eye on your cashflow. Our guide covers the below;
- Measuring cashflow
- Creating cashflow forecasts
- How to improve your cashflow
Look after the pennies and the pounds will look after themselves.
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If you’d like a meeting or a Skype call to discuss this, please get in touch with your favourite Liverpool accountant
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