Everyone’s still focused on cash flow

It’s a sign of the times. Yes there may be some green shoots popping up here and there – and very welcome they are too – but there is still a long hard road ahead for most businesses. I suppose it’s occupational hazard that we’ll hear more about it than most. One of the prime reasons for using the direct debit services we provide is the recognition that cash flow is of primary importance and the understanding of how direct debits play an important part in cash management and credit control.

As you trawl the SME blog sites, cash flow remains a hot topic. Cash Flow is King is an excellent site and just one of the sites recommending the use of direct debits as a means to manage cash. Interestingly they point out that mainstream banks won’t help you set up Direct Debit arrangements until you are exceeding £2m - £5m turnover. No such issues with First Capital Cashflow, where businesses with much lower annual sales can use our Facilities Management Services.

For those who do enjoy business blogging, the Chartered Management Institute runs the splendid http://blog.managers.org.uk which is a mine of information and opinion on the widest range of business topics. I’m recommending everyone here studies this closely - this blog post - well there’s got to be some perks for being in charge!!

The lighter side of business is important – never more so than when we have seen so many businesses struggling and, as we said, cash flow has taken on an importance and relevance not seen before. We know what our clients think of our popular and comprehensive services – both direct debit collection and sales ledger management. And we know that these services have been important in helping our clients through difficult times.