Increase your business cashflow with direct debits
One of the most difficult things to deal with when you have a growing business is managing cashflow. It can be very frustrating to watch your business achieve continual profit growth and yet the only reward you receive is an increase in your debtors not an increase in your bank balance.
When I left the corporate world, where you would receive a regular paycheque every pay period, this was the hardest thing to adjust too. It is even more difficult when you have a large payroll and have a commitment to pay regular wages. Read more
May 25, 2008 | Filed Under Bookkeeping Tips | 5 Comments
