{"id":892,"date":"2024-02-14T02:10:15","date_gmt":"2024-02-14T02:10:15","guid":{"rendered":"https:\/\/www.agilisbooks.com.au\/?p=892"},"modified":"2024-05-02T05:31:40","modified_gmt":"2024-05-02T05:31:40","slug":"bringing-your-cash-flow-into-the-digital-age","status":"publish","type":"post","link":"https:\/\/agilisbooks.com.au\/?p=892","title":{"rendered":"Bringing Your Cash Flow Into The Digital Age"},"content":{"rendered":"

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When economic times are tough, it helps to be in control of your cash flow. In this blog, Agilis Books will explain how to improve your cash flow \u2013 and how this helps you run your business through tough times.<\/span><\/h2>\n

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Keeping on top of your cash flow is even more important during tough economic times.\u00a0<\/span><\/p>\n

With the cost of living and energy prices soaring and supply chain still facing challenges, cash is likely to be tight over the coming year and beyond. Cloud technology and fintech apps can give your business the best possible control over its cash.<\/span><\/p>\n

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Why is cash flow so important?<\/span><\/h3>\n

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To keep your business operating, you need enough money coming into the business to cover your outgoings \u2013 with enough surplus cash to deliver a profit. When recession begins to hit, this can have a significant impact on your income.<\/span><\/p>\n

Consumers will have less disposable income to spend on your products and services. Business customers will be looking to reign in their spending on suppliers. As a net result, your business is likely to make fewer sales and will bring in smaller revenues.\u00a0<\/span><\/p>\n

This means:<\/span><\/p>\n