Get into the flow

A strong cashflow is the lifeblood of any small business. Keeping on top of invoices and forward-planning is essential to keep afloat, writes Deanna O’Connor

Bills, bills, bills. There is always a flow of money going out, but the inward flow tends to be less consistent, so it’s crucial to keep an eye on cashflow to make sure you can keep your business afloat.

Many small business owners get a shock when they achieve their first major upturn in sales, or land a big contract. It should be a time to crack open the champagne and celebrate, but ...