Helping you find ways to close your cash gap

This one-page document offers 12 ways to reduce the amount of time on your ‘cash gap’ – the time it takes you to deliver your goods/services and to invoice and get paid.

You’ll find 13 tips to shorten the timescale, together with an illustration of how the cash gap works.

Strategies include:

  • Getting partial, or full payment up front
  • Change the terms of payment you offer
  • Systemise your invoicing (don’t let it get delayed or allow it to build up)
  • Offer incentives for early payment
  • Have an ‘overdue accounts’ system in place and chase down outstanding debt

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