BUSINESS GROWTH MENTORS

Cashflow headeaches of peaks and troughs are a regular problem.
Peaks and troughs in cashflow are inevitable in most businesses, but being prepared for them can make a huge difference to the operation of your business.

The common result of poor cashflow planning is often a stressful and urgent renegotiation of short term working capital funding with the bank... which could have been avoided with better planning.
e.g. many businesses have irregular income cycles, but others have a clearer pattern of predictability such as a pre-Christmas spike in sales and regular slumps at other times.

Knowing this can allow you to make cashflow plans in advance …..such as securing short term finance well before a crisis occurs. Most banks will respond favourably to advance requests for additional working capital finance if you give them some proof of predictability and a plan going forward.

If you’d like to know more, just call me. No obligation.