How To Avoid the Cash Flow Crunch Over The Festive Season

Updated: Mar 15

Small businesses in many industries are put under cash flow stress over Christmas and New Years as invoice payments slow down, many close their offices for a short break and wages and expenses still need to be paid.


Here are a few tips to avoid the cash flow crisis and keep cash flowing:


1. Invoice as soon as you can, don’t defer till just before Christmas or when you return from your break

2. Follow up payment based upon your payment terms. This could be as simple as setting up auto-reminders through your accounting software.

3. Make payment as easy as possible by providing multiple payment options and utilising online payment platforms

4. Don’t go on a spending spree over this time, keep expenses to essentials


Taking action now will help your business survive and relieve the stress so you can enjoy the season.



12 views0 comments

Recent Posts

See All
  • all in advisory
  • all in advisory
  • all in advisory
  • all in advisory

©2018 by All In Advisory Pty Ltd.

So here's the disclaimer ... the material contained on this website is general commentary only, it is not advice and is not intended to replace consultation with a qualified professional so don't rely on it without first obtaining specific professional advice.  ​Whilst every reasonable effort is made to provide information that is accurate we give no assurance or warranty that information on this site is current, and take no responsibility for matters arising from changed circumstances or other information or material which may affect the accuracy of information. The content contained in this website is subject to change at any time without notice.  All In Advisory, it's employees and agents accept no responsibility to any person who acts or relies in any way on any of the material without first obtaining specific professional advice.