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 38: Lessons from a serial entrepreneur
Episode 37: Juggling product ideas with commercial realities
Episode 36: How exporting is driving growth for ambitious SMEs
Episode 35: Trumped or pumped? SME sentiments revealed
Episode 34: Anytime Fitness Australia founder talks expansion and competitive markets
Episode 33: Are you a leader, a manager or both?
Episode 32: Customer satisfaction: the only growth that counts
Episode 31: Taking a new idea from concept to consumer
Episode 30: Exclusive: Why not all growth is good growth
Episode 29: Taking the frustration out of people management