Better Business Cash Flow strategies are essential for maintaining financial health and growth. Here are some key strategies: 1. Invoice promptly and accurately: Send invoices immediately after delivering goods or services. Ensure they are error-free and clearly state payment terms. Consider using automated invoicing systems for efficiency. 2. Offer early payment discounts: Incentivise customers to pay early by offering small discounts (e.g., 2% if paid within 10 days). This can accelerate cash inflow and improve liquidity. 3. Implement efficient inventory management: Use just-in-time inventory practices to reduce the amount of cash tied up in stock. Regularly review inventory levels and …

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