Keep an eye on the business bank account
Did you know that almost one in seven small businesses have been unable to pay employees, and over a third with cash flow issues have been unable to pay debts?
Keeping on top of your business finances is vital, and making sure you monitor your bank account weekly is really important. In fact, the more often, the better! This allows you to pick up on any unusual, potentially fraudulent behaviour, and to regulate spending, helping to manage cash flow.