ICM and BIS

When Your Customer Goes Bust – ICM & BIS Managing Cashflow Series Part Ten

When Your Customer Goes Bust – ICM & BIS Managing Cashflow Series Part Ten

Sometimes, businesses fail.  If a failed company is a customer of yours it can be an expensive and potentially disastrous…
Managing Cashflow Series Part 9 – When All Else Fails

Managing Cashflow Series Part 9 – When All Else Fails

At some point in the life of every business they will face difficulties in getting a client to settle an…
Managing Cashflow Series Part 8 – When Cash Runs Short

Managing Cashflow Series Part 8 – When Cash Runs Short

Cashflow is the very lifeblood of your business, if it runs low a business will struggle to continue. If it…
Not Credit Checking Clients Called ‘Crazy’ by ICM

Not Credit Checking Clients Called ‘Crazy’ by ICM

The Institute of Credit Management (ICM) and business minister Michael Fallon have warned that it is "crazy" to fail to…
Managing Cashflow Series Part 7 – Chasing Payments

Managing Cashflow Series Part 7 – Chasing Payments

“A sale is not a sale until the money is in the bank”. A simple sentiment, but one that can…
Managing Cashflow Series Part 6 – Factoring and Financing Options

Managing Cashflow Series Part 6 – Factoring and Financing Options

If you extend credit to your customers you are effectively providing free finance to them for the credit period, but…
Managing Cashflow Series Part 4 – Treating Suppliers Fairly

Managing Cashflow Series Part 4 – Treating Suppliers Fairly

When it comes to cashflow, it isn’t just about ensuring your invoices are paid on time.  It encompasses the entire…
Managing Cashflow Series Part 3 – Invoicing

Managing Cashflow Series Part 3 – Invoicing

Invoicing is an integral part of every business, so taking the time to ensure that your paperwork really works for…
Managing Cashflow Series Part 2 – Payment Terms

Managing Cashflow Series Part 2 – Payment Terms

After ensuring your company really knows your customer, knowing when you can expect your invoices to be paid is the…
Managing Cashflow Series Part 1 – Knowing Your Customer

Managing Cashflow Series Part 1 – Knowing Your Customer

One of the single most important aspects of effective credit control in any business is ensuring that you know exactly…

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