KEEP THE CASH FLOWING: A guide to improving cash flow in your business

7 Pages

Westpac’s cash flow guide helps small businesses in NZ improve financial stability. It explains types of cash flow, common issues like late payments, low inventory turnover, and rapid growth, and provides 7 tips to improve cash flow: adjust payment terms, offer more payment options, follow up on invoices, set aside tax funds, raise prices, cut supplier costs, and use forecasting tools. Forecasting helps anticipate shortfalls and plan ahead, making businesses more resilient and less reliant on loans. Effective cash flow management reduces stress and supports growth.

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KEEP THE CASH FLOWING: A guide to improving cash flow in your business

KEEP THE CASH FLOWING: A guide to improving cash flow in your business

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