Focusing on growing the business and maximising profitability should always be top priorities for small businesses. However, concentrating on these areas alone can mean neglecting crucial cashflow practices that can lead to the demise of your business. Sue Hirst explains.
Now that we seem to have come through the ‘Global Financial Crisis’ and the ‘Downturn’ in Australia, it’s time to gear up for growth again.
A question that often arises in growing businesses is, “How come I’ve made more profit, but I still have cashflow problems?”
To read the full, original article click on this link: Take control of your cashflow or go broke. There is no alternative. | Anthill Magazine
Author: Sue Hirst