Member Article

How to keep the cashflow flowing

IGF Invoice Finance has today unveiled its ‘Cashflow Checklist’. The Checklist is a practical guide for small and medium sized business owners which highlights the key areas that they should be looking at, as well as the key questions to ask, to avoid cashflow problems.

IGF, the leading independent commercial finance company, is working with a range of SMEs across various industries, from manufacturing to construction to printing, to help them achieve reliable long term cashflow solutions. The Checklist has been developed from IGF’s years of experience of the challenges faced by small firms as they adapt to varied payment terms and the harsh economic environment.

Tracy Ewen, managing director at IGF, said: “Poor cashflow management is one of the main causes of small business failure and causes untold stress for business owners. However, there are a number of steps that can be taken to make sure that the cash keeps on flowing. We produced the IGF Cashflow Checklist as a practical guide that business owners can use to perfect their own cashflow practices – especially in the all-important Christmas period when cash can suffer due to holidays and absences.”

The checklist covers six key areas:

• Terms of trade;
• Invoicing;
• Late payers;
• Stock and inventory management;
• Forward planning;
• Finance and funding.

To obtain a free copy of the checklist, please email: callmeback@igfgroup.com

This was posted in Bdaily's Members' News section by IGF .