‘Let excess cash boost your bottom line and strengthen your firm’s financial position’

Effective cash-flow management lays the groundwork for long-term stability and success, writes Sandra O’Connell
‘Let excess cash boost your bottom line and strengthen your firm’s financial position’

Whatever financial tools or facilities you use getting on top cash flow management is vital.

You can have great products, a growing customer base and the best team in the world, but if you’re not getting paid in a timely fashion and can’t meet your bills as they fall due, even the most outwardly successful business can go awry with remarkable speed.

“Effective cash-flow management is crucial throughout the year, but it takes on added significance during tax season when financial demands peak. For many business owners, this time of year can be particularly busy as they juggle large financial outflows, such as tax payments and other significant expenses,” says Brendan Crowley, head of AIB finance and leasing.

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