Christmas can be a lucrative time for business, but it can also be expensive. Servicing high customer demand costs money – overtime payments for staff, Christmas bonuses and hospitality, and increased winter energy costs means any extra revenue has the danger of not actually increasing your profit margin at all.

When your assets are all tied up in premises, stock, and sales ledger but you have no actual cash to play with, things can get a little worrying. Here are our top tips for easing that temporary cash flow crises, whatever time of the year you find things a little tricky. [Read more…]