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Advancing the credit profession

Managing Cashflow Guides

Business Basics – with Lord Sugar

Lord Sugar has produced three videos on behalf of the Department for Business, Energy and Industrial Strategy (BEIS). In these videos Lord Sugar reiterates the steps you must take when extending credit, from knowing your customer to getting paid.

Click above to view the videos.

Talking about the launch of these initiatives, Lord Sugar advised: “I know just how tough running a business can be. It is all too easy to get the basics wrong, or simply to fail to get the basics done. These videos and guides provide simple, short and practical advice on a range of business essentials. I hope you find them useful”.

 The CICM has produced a series of Managing Cashflow Guides in association with the UK Government’s

Department for Business, Energy and Industrial Strategy (BEIS). Over 580,000 of these guides have been downloaded by businesses across every sector.

Managing Cashflow Guide series…

The Managing Cashflow Guide series is produced by the Chartered Institute of Credit Management (CICM) in association with the Department for Business, Energy and Industrial Strategy (BEIS).

  1. Knowing your customer
  2. Payment Terms
  3. Invoicing
  4. Treating suppliers fairly
  5. Credit Insurance
  6. Invoice finance and asset based lending options
  7. Chasing payment
  8. When cash runs short
  9. When all else fails
  10. When your customer goes bust
  11. Managing cash through Brexit
  12. Investing in equipment

Additional Resources

‘Business Finance Guide’

The Managing Cashflow Guide series is produced by the Chartered Institute of Credit Management (CICM) in association with the Department for Business, Energy and Industrial Strategy (BEIS).