June 9th, 2022.



Cashflow. You can’t have a conversation about financial constraints in any small business without mentioning it. In fact, you can’t have a conversation about business without mentioning cashflow.

The latest research indicates that 93 per cent of businesses say cashflow is one of their top three priorities and the issues surrounding it don’t start and end with simply not having money available. There are several knock-on effects that stunt small business growth.

The large majority of entrepreneurs are scared of big contracts for fear of them causing major cashflow issues, and more than two thirds say managing day-to-day business finances completely distracts them from growing their business.

These would have been worrying statements a few years ago, but as the world tries to avoid a financial crisis and the cost of living crisis continues to put a major strain on people’s pockets, they’re a major concern.

Small business owners can and need to address the issue surrounding cashflow. Fortunately, there are three simple steps businesses can implement that will...


For the full story at smallbusiness.co.uk CLICK HERE.