A new year is the perfect time for small business owners to take stock of the last twelve months and look for new ways to meet their goals. The 'Money Matters' study by accounting software provider Xero found that half of owners worry about their financial future, and nearly three-quarters (72%) have experienced cash flow issues over the last 12 months. Looking at new ways to monitor and manage cash flow should be high on any small business's list of resolutions.
Considering 82% of small business owners who experience cash flow issues are affected by stress, and 80% by anxiety, addressing this early in the year can improve the bottom line and most importantly owners' personal lives. So, what can you do to better manage cash flow in 2024?
Don't ignore late payments
Denne historien er fra February 12, 2024-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra February 12, 2024-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Don't Want Botox? Then Try These Alternatives
From microcurrents to lasers, there are other ways to tackle ageing skin, says Madeleine Spencer
It's high time the Borthwick regime delivers on promise
England boss needs a statement win and the All Blacks are up first
Bukayo Saka
The making of a London icon
Even Ridley Scott thinks our big screens are epic
Outernet is now one of London's top attractions --but the man behind it isn't resting on his laurels
Laura Bailey on why Margate is her favourite escape in the UK
Incredible light, sea air, galleries galore and only two hours from Victoria: it's the model and photographer's dreamland...
The Old Operating Theatre
St Thomas Street, SE1
Can drugs like Ozempic really help to getthe economy firing again?
Labour's plan to give the unemployed weight-loss jabs may have unintended consequences, reports William Hosie
AI is the new frontier of perfumery...But just how fragrantare these scents?
Choosing a signature scent is a highly personal experience. Not only do preferences differ greatly, but certain perfumes react differently depending on your skin. Bergamot top notes may be intoxicating on one person's wrist, but seem soapy on another.
Is it time to ditch the apps and embrace the science of love at first sight?
The chemistry of love isn't just a romantic ideal - it's a scientific reality, discovers
A poetic puzzlebox
This lyrical novel sets out to dazzle and terrify
