Cash Flow

Simply put, Cash Flow is important to the running of your business.

It is vitally important to ensure that your customers adhere to your agreed Credit Terms by paying all outstanding invoices when they become due for payment i.e. 30/60 days.

If invoices become due for payment 30 days from date of invoice or end of month, payment should be made within this time period to ensure that you have a healthy Cash Flow. Late payments can cost you dearly with bank charges on overdrafts facilities etc.