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The fourth cause of poor cashflow – Your debt or capital structure Often a reduction in your bank interest expense as well as significant cashflow improvements can be achieved with a regular review of your existing debt. A good place to start is to list all your bank loans, mortgages, finance company loans, hire purchases, credit card debts, and any other debts (don’t include amounts owed to suppliers in this…  Read more

The third cause of poor cashflow – Your stock turn Carrying stock for too long means full shelves but an empty bank account. Similarly, if you’re a service provider and are taking forever to invoice your services, then you’re carrying too much stock in the form of work in progress (WIP). Consider that work in progress as a form of virtual stock. You can calculate your ‘stock turn’ by taking…  Read more