Improve your cashflow with 3 easy tips

Tip 1 – Issue invoices weekly or fortnightly. The sooner invoices are issued the sooner they can be paid.

Tip 2 – Make it easy to pay. Offer a discount to customers who sign up for direct debit. There is a small fee for this but the bonus is you know exactly which days of the month money will arrive in your bank account.

Tip 3 – Say Thank you. Show your clients you appreciate them paying their account on time. We all liked to be thanked for something not chased