| Having a successful business depends on keeping a close eye on income and cash flow – because by doing that you can keep your business running even when you can't pay debts and avoid skyrocketing interest.
To create a consistent, reliable cash flow for growing your business, you can consider the following: speeding up your accounts receivable, slowing down your payables, and closely tracking your monthly income and expenses.
That may be easy to understand, but it can be tough to actually practice. Invoicing, tracking expenses, and managing a wide variety of customer payment terms can make files and paperwork unmanageable – taking way too much time to process and organize.
But there's a solution: Sage One, a simple accounting and invoicing software for business owners, can help you better manage your cash flow to give you more time and energy to focus on other important things.
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