ICM and Minister’s Cashflow Tip
Press Release – 7 August 2013
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.
“Burying your head in the sand is the worst possible option. If you can’t pay a supplier on time, communication is key. Tell them as soon as you know, explain why, and agree a payment plan with them.”
The cashflow ‘tips’ are derived from the series of Managing Cashflow Guides published by the ICM for BIS, of which there have now been more than 450,000 downloads.
For further information, log on to http://www.icm.org.uk/resources/cashflow-guides/.
The Institute of Credit Management (ICM) is Europe’s largest credit management organisation, and the second largest globally. The trusted leader in expertise for all credit matters, it represents the profession across trade, consumer and export credit, and all credit-related services. Formed over 70 years ago, it is the only such organisation accredited by Ofqual and it offers a comprehensive range of services and bespoke solutions for the credit professional (www.icm.org.uk) as well as services and advice for the wider business community, including the acclaimed ICM/BIS Managing Cashflow guides.
For further press information, please contact:
Sean Feast or Alex Simmons, Gravity Public Relations – 0207 330 8888 – firstname.lastname@example.org
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