Managing cash flow is undoubtedly one of the chief concerns of SME owners. In this episode of the My Business Podcast, we ask an award-winning accountant for his advice on this all-important subject.
Cash flow – it can be a scary term for many business owners, particularly those who feel they don’t have a handle on their everyday finances.
Accountant Alexander Laureti of LMS Advisory says the majority of business owners are doing better than they think, but there is always room to improve your cash flow management.
In this episode of the My Business Podcast, Alexander takes an in-depth look at business cash flow and:
• Three of the biggest mistakes SMEs make in relation to their finances
• How often you should really be seeing your accountant
• Ways to deal with people who owe you money
Plus much more!Listen to other instalments of the My Business Podcast:
Episode 29: Taking the frustration out of people management
Episode 28: 'How I achieved 80% growth in turnover'
Episode 27: Giving your business the perfect fit-out
Episode 26: Cash flow tips and tricks for SMEs
Episode 25: SMBs have their say on economic prospects
Episode 24: Offshore workers: the next bastion of business growth?
Episode 23: What Trump means for Aussie businesses
Episode 22: Balancing innovation with paying the bills
Episode 21: The do's and don'ts of selling online
Episode 20: A true blue Aussie success story