SmallBusiness.co.uk is pleased to team up with Fleximize to bring you our brand-new digital guide. In it, we talk to five businesses that came back from the brink of collapse to turn perilous cash positions into thriving success stories.
Whether you have significant financial backing or you are bootstrapping, you must make sure that your command of the company’s finances is second to none. If you don’t have an eagle eye on expenditure and credit control and haven’t accounted for unexpected costs arising, you can surely expect your company to run out of money and fail.
We always find that the best advice comes from the people who have experienced the highs and lows of running a business first hand. In the guide, we speak to five companies that experienced real cash flow pressures that threatened their business. Some have been right to the brink of failure, showing the utmost resilience to turn their fortunes around and make their business a success. For others, a few tweaks here and there to their operations ensured a more comfortable cash buffer moving forward. All have helpful tips to pass on about keeping your finances in check.
We hope the stories in this guide can inspire you in your own business journey and help you manage your cash position better on the road to success.
Read our free guide by clicking here.
For more information on how Fleximize can help your business, please visit the website by clicking here.