Quick year end check
A thought for you as you plan the last trading month of 2006.
How’s your cashflow?
Take a look at thte past 3 adn 6 months data. How are debtor days? Cash in the bank? What’s the overdraft like?
Check the trend against all these figures.
A couple of my clients have seen these rise recently. The reason may be that the economy is growing and cash is the first to show signs of strain. Or maybe your clients’ sector is suffering. Or maybe you are being taken for a ride.
I hope you are all trading fine and this isn’t an issue!