Ensure you keep a tight rein on your debtors – ie. customers that owe you money – to ensure you are being paid on time. Make sure you look at profitability for each customer, rather than revenue – higher revenue clients don’t always mean more profit. Keep a check of your ATO liabilities. The ATO has many powers to ensure they are paid – and will use them if required – draining your cash flow. Cash is king! A simple weekly cash flow forecast on an excel spreadsheet is a really easy way to ensure the business is managing its cash flow. Ensure you work with a good accountant, who can give you strong objective advice, and ensure the company remains compliant. So please make contact with us today, we’d love to help you find a solution.