Tea with the Queen

QUEEN’S COUNSEL – It’s time we started to talk about the “R” word

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Whether or not a recession is on the cards this year or any time, it’s important to have a strategy to stay on top of cashflow. A lot of businesses are struggling with high inflation, supply issues, soaring interest rates, energy costs, and so on. Emma McQueen suggests having a forensic look at your own outgoings: are you spending too much on some things?  Also, she has suggestions with cashflow, dealing with late payers, and when is the right time to raise your prices.