PlanWare - Home: business plan, plan, software, free, financial, model, budget, forecast, plan, planner, planning, projection, template, statement, analysis, business plan, business plan software, business planning, business planner, financial projections, financial planning, cash flow, cashflow, strategy, strategic
Software & free templates for business plans, financial projections, cashflow forecasting plus free business plan tools, models, samples, guides & planning papers
Financial
Projection
Software
Cashflow
Forecasting
Software
Business
Plan
Template
Business
Plan
Guide
Online
Planning
Tools
Business
Planning
Freeware
Business
Planning
Papers
More
Planning
Tools
Quotations
& Bad
Advice
Miscell
Items
 

PlanWare's Blog

Blog Home  Bookmark and Share

Recently in Cashflow Plan Software Category

Improving Cash Flow

| No Comments | No TrackBacks

Cash flow is the life blood of every business and lack of cash is a much more significant cause of business failure than trading losses. The management and preservation of cash is a priority task which must be performed day in and day out in every business. This task is so routine that its importance is often overlooked.

Here are some ways to improve cash flow:

  • Sales - Become more selective when granting credit.
  • Costs & Systems - Improve systems for billing and collection.
  • Credit Management - Generate regular reports on receivable ratios and aging.
  • Purchasing - Make prompt payments only when worthwhile discounts apply.
  • Inventory - Sell off or return obsolete/excess inventory.
  • Investment - Use leasing etc. to gain access to the use of productive assets.
  • Financing - Use factoring or discounting to accelerate receipts from sales.

For a list of over 30 ways of improving cash flow, visit the Checklist for Improving Cash Flow.

Central to any program to improve cash flow is an accounting system to handle inventory, invoicing, receivables and payables. Allied to this is the need for frequently-updated cash flow projections to provide early warnings of possible liquidity problems and a foundation for improvement plans.

For more on this, see the paper on Making Cash Flow Forecasts and download and try our Cashflow Plan software tools for making rolling 12-month forecasts and creating cashflow improvement plans.

About this Archive

This page is an archive of recent entries in the Cashflow Plan Software category.

Cash Flow Management is the previous category.

Exl-Plan Software is the next category.

Find recent content on the main index or look in the archives to find all content.

Top of Page

Financial
Projection
Software
Cashflow
Forecasting
Software
Business
Plan
Template
Business
Plan
Guide
Online
Planning
Tools
Business
Planning
Freeware
Business
Planning
Papers
More
Planning
Tools
Quotations
& Bad
Advice
Miscell
Items