Make no mistake; cash flow is king for modern, small businesses.
Referring to the flow of money in and out of your accounts and the net difference between incomings and outgoings, cash flow has never been more important to the growth of your business. With consumer spending down in the UK and the nation’s growth forecast having been reduced to just 1.7% for 2017, it is crucial that entrepreneurs maximise the flow of capital that runs throughout their business.
Managing it online a key component of this, but it is by no means the only one. Here are some tips on how to manage your cash flow in 2017: