Cashflow....!

We have all heard it before, but cashflow is the most important thing in business apart from clients.
Times are getting tough, interest rates are going up, use the following tips to ensure that you can make it through.

1. Get credit checks on your clients.
2. Only provide goods once you have received a written purchase order.
3. No mates rates.
4. Chase debts every few days, do not let clients get out to 45 days.
5. Set credit limits and terms with your clients, discuss penalties before you progress through a deal for failing to meet monthly payments.
5. Do everything in writing, no verbal deals. This goes for employees and clients.