What to know
Practical levers for cash flow: collections, supplier terms, inventory, pricing, and tax planning.
- Invoice promptly
- Collect receivables faster
- Negotiate supplier terms
- Monitor expenses
- Manage inventory
- Review pricing
- Plan tax payments instead of being surprised by them
- Keep a simple cash-flow forecast
Put it into practice
A forecast does not have to be elaborate. It has to be updated often enough that a tax instalment or a slow customer is not a surprise.
A note about this resource
This is general information for business owners in Ontario and the GTA. It is not tax, legal, or accounting advice for your file.