As a follow on to my previous article on cash flow management let’s look at ways to prevent poor cash flow.
Healthy cash flow isn’t achieved simply by making sure your outgoings don’t exceed income. If you’re to survive, sufficient cash must enter your business so you can pay your bills when your suppliers ask for their money.
Steps to prevent poor cash flow
Here are some suggestions for things you can do to prevent these scenarios (mentioned in my previous article) from occurring in the first place.