Cash Flow advice for UK Business
Get expert advice on Cash Flow & help your business grow, today by calling 0800 597 4757 or apply online
What is cash flow?
Cash flow is the movement of cash into or out of a business
Why is cash flow important?
The level of cashflow can determine problems with a business's liquidity. Being profitable does not necessarily mean being liquid. A company can fail because of a shortage of cashflow, even if the business is making a profit.
Cash flow is one of the most important aspects of running any business - large or small.
Avoid insolvency or business failure by getting cash flow advice early
According to The UK Insolvency Helpline Debt Advice Service Business Cash Flow Advice Team, a lack of cash flow or getting cash flow advice too late is one of the single most important reasons why many businesses fail.
If a business is insolvent then it is unable to pay its debts due to lack of cashflow then they risk the likelihood of being declared insolvent.
Methods a business can use on how to avoid a cash flow problem
- Sell the receivables to a factor for instant cash. This is known as factoring or confidential invoice discounting.
- Save on cashflow by negotiating good payment terms with suppliers
- Try to offer a profit share programme to staff rather than pay them monthly bonuses or salaries
- Consider sale and leaseback on large capital assets such as machinery, vehicles and buildings
Managing cash flow is vitally important in the smooth running, survival and success of a business. Please call 0800 597 4757 and speak to one of the cash flow advice team to see what options are available for your business.
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The UK Factoring & Invoice Discounting Helpline is a leading finance brokerage specialising in factoring and invoice discounting. We offer free, independent and impartial advice on business finance options. We have been helping businesses of all sizes and commercial sectors solve cashflow problems for more that 10 years. We have found factoring and invoice discounting facilities for many thousands of businesses and remain in contact with all our clients.