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Tuesday 27 July 2010

The Lounge has its business hat on

Our Director Sara Gil was in Real Business magazine yesterday giving finance advice for entrepreneurs and growing businesses!

In '27 ways to boost your cash flow' Sara tells Jason Hesse that you've got to make friends in accounts: "Find out when and how and to whom you need to invoice...the better the relationship, the more likely they are to respond to you, give you the information you need, and pay you on time."

You also need a good working relationship with your bank. "This means that if you're in need of a temporary overdraft to cover your cash flow, they'll have plenty of warning and you know that they'll be able and willing to offer this to you," Sara explains.

...And you thought we were only experts in under-35s!





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