As anyone who has started their own business can attest, cash flow can be one of your biggest challenges and threats. Even successful businesses can experience periods where cash flow is extremely tight and they struggle to meet their monthly overheads. Keeping your finances under control and properly planned will not only ensure your business survives, but will promote growth.
Seven out of ten small business owners cite cashflow problems as the biggest threat to their business. At best it will slow down or prevent growth, and it will almost certainly deflect the focus and attention
of the business owner. At worst the business may run out of money and not survive.
At our recent seminar, Ian Roberts from Cashflow Creators, shared his expertise on how to find and stop those cashflow and profit leaks in your business.