ICM and BIS monthly cashflow ‘tip’ to small businesses

18 September 2012

The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Michael Fallon have published their monthly 'tip' for small businesses to better manage their cashflow.

"If a customer's payments slow down, check them out. It may be a sign that they're in trouble and it's better to stop supplying than to suffer a bad debt."

The cashflow 'tips' are derived from the series of Managing Cashflow Guides published by the ICM for BIS that have to date been downloaded more than 345,000 times.

For further information, log on to http://www.creditmanagement.org.uk/bisguides.htm

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