Blog post -
Sales is easy, but collecting the money is hard
Many fast-growing companies are not able to finance their growth because they borrow to their maximum capacity at the initial stage, and later borrow more to serve the existing debt.
Business strategist Harish Methil talks to RIABU's Simon Littlewood about why top-down ownership and a clear credit policy are critical to managing cash flow, and why ensuring small businesses are paid on time is crucial for a sustainable economy.
Get more tips on effective cash flow management from our book, Let The Cash Flow. To find out more about how RIABU helps small businesses get paid on time, visit RIABU.com
Topics
- Business enterprise, General
Categories
- mark laudi
- singapore
- invoice
- cash flow
- procurement
- accounts receivable
- cfo
- smes
- late payments
- invitation to quote