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How's Your Cash Flow?

Oct 25, 2008 6:40 am

re: How's Your Cash Flow?

Peter Bowen

We're doing well in our business. It's counter-cyclical in that when times are tough more people need some help in getting paid on time.

We had 59 new small business clients sign up in the last 2 weeks. Great for us but an indicator that you're spot on with your comments. Businesses have more slow paying clients now than ever before. This needs careful follow-up to reduce late payments and prevent them turning into bad debts.

Cheers

Pete

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