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Farm Business
Agricultural Matters
'Cutting the cloth'
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<blockquote data-quote="Dman2" data-source="post: 8007511" data-attributes="member: 1925"><p>Seriously though</p><p>Do cash flow forecasts and stick to them as much as possible</p><p>Try and reduce costs, or increase payment terms. It all helps cash flow.</p><p>We were advised years ago to spend a week every year trying to reduce costs by 10% and up till now we have managed it, to a certain extent</p><p>Don`t think we will this year mind you. but have made enough savings over past few years to carry us through a few bad years</p></blockquote><p></p>
[QUOTE="Dman2, post: 8007511, member: 1925"] Seriously though Do cash flow forecasts and stick to them as much as possible Try and reduce costs, or increase payment terms. It all helps cash flow. We were advised years ago to spend a week every year trying to reduce costs by 10% and up till now we have managed it, to a certain extent Don`t think we will this year mind you. but have made enough savings over past few years to carry us through a few bad years [/QUOTE]
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'Cutting the cloth'
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