With cash flow absolutely top of mind for Aussie SMEs in the current turbulent economic conditions, it was a fantastic opportunity for our Director of Working Capital Solutions, WA, Nigel Thayer to speak with Oliver Peterson on 6PR’s Perth Live program. Listen to the full interview here.
Methods that worked well for fast-growing businesses in 2019 may not be having the same impact in the current climate, and Nigel covered some top cash flow management tips, including:
– creating a short-term cash runway
– increasing internal and external stakeholder communication
– identifying alternative sales channels; and of course
– accelerating your access to outstanding cash via intelligent working capital solutions!
Disclaimer: This article and any associated content are only our views and should not be construed as advice. You should act using your own information and judgment. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions and estimates constitute the author’s own judgment as at the date of publication and are subject to change without notice.