43584
Beschreibung
Mindmap von 08rymer.hg, aktualisiert more than 1 year ago
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Erstellt von 08rymer.hg
vor mehr als 11 Jahre
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How to Improve Cash Flow
- A cash flow forecast allows businesses to see
where they will be financially in the coming months
- The business may use the forecast to
spot and deal with any future problems
- It is vital for a business to have a
good cash flow
- Net cash flow = Cash inflow - Cash outflow
- Closing bank balance = Starting bank balance + Net cash flow
- How can cash flow be improved?
- Increase Cash Inflow
- Get customers to pay in cash
- Get customers to pay straight away
- Keep a low stock level
- Obtain an overdraft
- Get customers to pay in cash
- Decrease Cash Outflow
- Sell under-used assets
- Spread large costs over a longer period of time
- Negotiate longer trade credit terms with suppliers
- Sell under-used assets
- Increase Cash Inflow
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