Manage cashflow and access finance
Manage suppliers
There may be scope to cut costs by better managing your suppliers for example centralising all purchasing, rationalising your supplier base and negotiating better deals with key suppliers. Decisions need to be well researched and thought through, however, as good relationships with suppliers are vital to your business success. See our guide to managing your suppliers.
Subjects covered in this guide
- Introduction
- Understand the essentials of cashflow management
- Manage suppliers
- Prevent late payments
- Debt factoring and invoice discounting
- Access sources of funding and finance
- Avoid insolvency and bankruptcy

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Actions
- Download ICAEW's guide From survival to sustainability (PDF, 122KB) - Opens in a new window
- View the CIMA guide to managing your business in a downturn including 5 top tips - Opens in a new window
- Use our interactive tool to assess how well your business is performing
- Understand your options for recovering debts
- Contact us for more help and advice - Opens in a new window



