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Get your cashflow under control

Business owners are invited to get the low down on cashflow at two free Small Business September seminars, as business bad debt continues to rise to worrying levels.

The seminar, ‘Cashflow – the lifeblood of your business’, will be presented by two experts who hold combined experience of more than 40 years in the finance industry, Scott Flaxman and Rob Lockhart.

Recent figures show business bad debts are up 17 percent from 2004, including the years of the Global Financial Crisis. The rate of debt default is at a level similar to July 2008, but below levels experienced in 2009 in the depths of the GFC.

Businesses wanting to avoid being a debt default statistic will learn the fundamentals of cash flow management at this free two-hour seminar.

Both presenters will cover the concepts of key financial business drivers such as debt management, capital cycles, cashflow forecasts and proactive debtor management.

Small business owners are being urged to reserve their places for each of free seminars, which will be held on the following dates:

  • Tuesday 6 September, 8:00-10:00am, NSW Trade and Investment, Level 47, MLC Centre, 19 Martin Place, Sydney.
  • Thursday 22 September, 8:00-10:00am, The Links Shell Cove, Golf Drive, Shell Cove

For details and to register go to www.smallbusinessmonth.nsw.gov.au

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Lorna Brett

Lorna Brett

Lorna was Dynamic Business’ Social Web Editor in 2011/12. She’s a social media obsessed journalist, who has a passion for small business. Outside the 9 to 5, you’re likely to find her trawling the web for online bargains, perfecting her amateur photography skills or enjoying one too many cappucinos. You can follow her on <a href="https://twitter.com/#!/dynamicbusiness">Twitter @DynamicBusiness</a>

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