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Debtors

Managing the Debt Train

Managing the Debt Train

The critical issues for small business - February and March are traditionally the worst cashflow months for small business – the Christmas rush is over, the Business Activity Statement is due, and payments slow down with a dip in consumer spending. You might be ok but your customers could be under pressure and often whoever wields the most influence gets paid first.

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( Posted in: Tax )

Managing your debtors

Managing your debtors

Do you have a lot of debtors over 90 days? We recommend you work to minimize the debtors you have over 30 days, so that it becomes a very small percentage.

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( Posted in: Tax )