Make sure you know your current financial position

Bills to be paid – check

Money owing – check

Expenses – check

Income – check

Just the basics but something that as a business owner you should be across at least on a weekly basis. Leave it longer than a week you and it will be harder to change it if you need to. If you are in a bit of a muddle or don’t really understand these things ask someone for help. You will be surprised by how many people would be happy to give you a hand.

Follow the 31 day Cash Flow Challenge here and on Facebook

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