Archive for September 13th, 2009

• Wages and salaries

  Date: 2009.09.13 | Category: Business | Response: 0

  Sending an invoice is not getting paid and customers are always reluctant to send their money. If you extend say, 15 day payment terms conservative and plan for at least 30 days before the cash will arrive. It’s better to be pleasantly surprised than unexpectedly cash poor.

  Your cash position or cash flow is the operating center of your business. Positive cash flow says you are ahead of the game; negative cash flow says you have a problem. If the money is not in the bank, your bills won’t be paid unless you borrow there by creating another expense. Read the rest of this entry »