Smart cash flow management is critical to any business, but especially so for startups. Leasing the building, furnishing it, maintaining it, equipping it with phone and computer systems and networks… These are significant costs that startups would do well to avoid for as long as possible. So it was with great interest that I readContinue reading “Shared office space can preserve scarce cash”
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Improving cash flow through better payables management
There are several ways in which a business can improve their cash flow situation by optimizing their payables management. Mostly this relates to timing issues – when to pay your suppliers. Pay invoices on or close to the due date. Supplier terms are typically the only source of interest-free credit your business is going toContinue reading “Improving cash flow through better payables management”