1. Invoice Immediately

Don’t leave it until later. Write the invoice as soon as the job is done.

2. Take Deposits

Ask for an upfront payment or split the payments into thirds – upfront, during and after.

3. Chase Debtors

If a payment is one day overdue contact your customer. Keep calling. Squeaky cogs get the oil!

4. Manage Bills

Don’t pay earlier than required. Pay on your supplier’s due date.

5. Review Expenses

Don’t fall into a rut. Check that your long term suppliers are still competitive.

6. Sell Invoices

An invoice finance company will buy an invoice from you and give you cash for it straight away.