If you've ever checked the bank balance and been disappointed after a hard working month then you'll understand the importance of managing the cash flow in your business.
Here is a real simple tip that can make a big difference to the money in the bank at the end of each month:
Change the terms of payment you are using in your business to bring the money in sooner. No says your payment terms have to stay the same for ever so make them shorter to suit you and your cashflow.
Cashflow management is essential in every business and the closer you manage it the more money you'll see in the bank each month.
If you found this helpful tip useful then visit
http://www.vertbusiness.com for lots more practical advice you can use today.
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