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ICM and BIS monthly cashflow ‘tip’ to small businesses

20 March 2012

The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly ‘tip’ for small businesses to better manage their cashflow.

“If your customer goes bust, make sure the Official Receiver or Insolvency Practitioner has details of your debt, and contact them if you have any information about the assets or the conduct of an individual or company. ”

The cashflow ‘tips’ are derived from the series of Managing Cashflow Guides published by the ICM for BIS that have to date been downloaded more than 280,000 times.

For further information, log on to http://www.creditmanagement.org.uk/bisguides.htm