On November 8, 2009
Cashflow in the Quiet Months | BTalk Australia
Tim Lea (and his watch) (Episode 368; 12 minutes 59) Here in Australia over the summer months many people in business are on holidays. That means even if you’re still hard at work those people who owe you money might not be. It’s very likely that cash will be slower coming in through the door. Tim Lea, a partner in Cash Stream Financial, says many businesses do not realise how deep the problem can be. So how should you be planning to protect your business over the quiet months? Will the situation be worse this year because of the global financial crisis? What should you do if you fear cash is going to be short? What is factoring? Is it…
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