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Five cashflow hacks for managing seasonality in B2B
Small to medium businesses know that seasonal fluctuations can seriously impact them and must build resilience into their business model. In our recent webinar, Beth James, Customer Operations Head at Hampers with Bite, shared with Laura Athena Walker, ezyCollect, how their team successfully manages the cashflow despite the challenges of a highly seasonal business.
Five tips to prepare your cashflow for a recession
Recessions are a normal part of a business cycle, and despite what the news tells you, it doesn’t mean it’s the end of the world, either. However, there’s no downplaying the importance of being prepared for tough times. A crucial part of ‘recession-proofing’ is ensuring you have a strong cashflow. While the consensus is that a global recession is likely sometime in 2023, it’s important to be proactive and take steps to ensure your company is ready for the coming months ahead. A crucial part of navigating changes is ensuring you have a strong cashflow.
Five tips to minimise bad debts in B2B firms
B2B businesses are especially vulnerable to bad debts as transactions often involve extending credit to customers. Here are a few tips that can help you minimise and manage the risks associated with them.
