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 43: Natasha Chadwick, Synovum Care Group
Episode 42: Steve Hughes, Mood Media Australia
Episode 41: Finding a partnership between digital and physical
Episode 40: SumoSalad CEO shares the secret to corporate social responsibility
Episode 39: Evolving innovation to suit your business needs
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