Improve debtor days to help cashflow recovery
Improve debtor days to help cashflow recovery

In a slower moving economy, it’s more important than ever to improve debtor days. Establishing how long it takes you to get paid is the first step, but how can you measure this? Debtor days measures, on average, how long your customers take to pay you. While there are many complex formulas to accurately calculate …

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Understanding your revenue drivers
Understanding your revenue drivers

For your business to make money, you need to generate revenue. You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your products/services and bringing money into the business, the higher your revenue levels will be. But …

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Maximising your cash reserves
Maximising your cash reserves

The Covid-19 crisis has highlighted the inadequacy of current cash reserves for many businesses. They simply don’t have enough cash to sustain the business in a crisis. Now is the time to make permanent change to your business processes and cost structure so you can keep maximising your cash reserves. At the same time, business …

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