Cashflow management


Trio of Harvey Norman subsidiaries in administration

11:22PM | Monday, 7 November 2011 |  Harvey Norman has appointed an administrator to three of its failing stores, amid complaints by landlords about unpaid rents on two abandoned Rick Hart stores in Western Australia.

How should I frame payment terms for my clients?

11:19PM | Wednesday, 2 November 2011 |  It is one of the most important aspects of running a small business to ensure that debtors’ management is controlled and you remain cashflow positive.

Take the post rate-cut temperature of your customers

11:01PM | Wednesday, 2 November 2011 |  As I keep saying, intelligence is everything in this market. So ring a few key customers and have a chat about how they are placed for the coming year.

Start thinking about the Christmas cashflow crunch

10:23PM | Thursday, 27 October 2011 |  Today I want you to grab a few senior staff – most importantly the finance guys – and run through the cashflow outlook for the Christmas/New Year period.

Inflation data fuels rate cut predictions

10:43PM | Wednesday, 26 October 2011 |  An interest rate cut on Melbourne Cup Day looks increasingly likely, with new figures showing consumer inflation rose just 0.6% in the third quarter, down from 0.8% in the second quarter.

Businesses downbeat over economic prospects: Report

10:37PM | Wednesday, 26 October 2011 |  Two thirds of business owners do not expect an economic recovery in the next 12 months, new research reveals, suggesting start-ups need to review their cash flow plans for the year ahead.

Tighten up your cashflow policies

10:34PM | Wednesday, 26 October 2011 |  Cashflow will become very, very tight in the coming months due to the sales slowdown we are seeing and the Christmas trading period, when payments always stretch because of the holidays. You need to get on top of this right now.

We’ve just had our first year and our cashflow was very bumpy. What can I do about it?

10:38PM | Tuesday, 25 October 2011 |  The first thing for you to do is compare your cashflow on a month-by-month basis with the purchase patterns three months before and three months after.

Have you got any tips on how to cut down the length of sales cycles? It’s hurting my cashflow.

10:49PM | Thursday, 13 October 2011 |  Simply put, cashflow is king – so cutting down on the length of sales cycles has become increasingly important, especially in light of the recent struggling retail sector and credit markets.

Insolvencies soar 14% in August, second-highest reading on record

10:20PM | Monday, 10 October 2011 |  The number of companies entering external administration jumped nearly 14% to 1,049 in August, the second-highest reading on record, new figures show.