WEEK 8 – What can I do to improve my cashflow?
One way of improving
your cashflow is to reduce the amount of time customers take to pay you.
Ensure your customers are
aware of your payment terms, insist on being paid on time and set aside time to
contact customers to follow up accounts that have become overdue.
If you have questions please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 for an initial consultation.
We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.