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2022-01-19 3:13 pm
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2022-01-10 11:44 am
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Increasing your business cash flow

Everyday tasks and other business strategies to help you improve cash flow.

What’s on this page

Business owners and operators know just how important managing cash flow is to success. There are always ways to improve your cash flow – whether you need short term relief or a long term plan.

Government resources

There's some excellent information to assist with increasing your cash flow – check https://business.vic.gov.au/business-information/finance/develop-good-financial-procedures/understand-basic-bookkeeping-principles.

What you could do

  • Follow up on overdue accounts
  • Reduce overheads
  • Find new ways to increase income
  • Consider an overdraft
  • Monitor stock levels

Some questions to consider

  • Do you have the best bank products for your financial needs?
  • Could professional financial advice help?
  • Do you need access to a lump sum or line of credit to meet your immediate needs?