Managing cashflow when times are tough

Inflation is one of the biggest challenges facing business at the moment and small business owners are among the worst affected by rising material and energy costs.

Being able to manage cashflow effectively is key to survival when times are tough.

One of the best ways to manage company money is using cloud-based accountancy software like FreeAgent or Xero, along with support from a specialist accountancy practice.

Here are some tips to help you manage your company’s money more effectively.