• About Us
  • Advertise with Us
  • Contact Us
  • Offers
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
  • About Us
  • Advertise with Us
  • Contact Us
  • Offers
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
NZBusiness Magazine

Type and hit Enter to search

Linkedin Facebook Instagram Youtube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
NZBusiness Magazine
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
FinanceVideo

Cashflow management tips for SMEs – advice from Krystle Brough

NZBusiness Editorial Team
NZBusiness Editorial Team
March 27, 2025 One Min Read
969 Views
0 Comments
Krystle Broughm's cashflow management tips.

Pictured above: Krystle Brough.

In uncertain economic times, strong cashflow management can be the difference between surviving and thriving. Krystle Brough, Client Director at Tax Traders, shares three key strategies to help SME owners take control of their finances.

1. Strengthen communication with debtors

Ensuring consistent and proactive communication with debtors is crucial. Make sure you’re following up regularly and being persistent – your voice should be the loudest when it comes to collecting outstanding payments.

2. Tighten up your balance sheet

Managing both incoming and outgoing cash effectively is key. Consider negotiating repayment plans for debts, invoicing earlier than usual, and ensuring payments are collected as quickly as possible. The goal is to maintain steady cash inflows while carefully managing outflows.

3. Test and adjust your forecasts

Forecasting is essential, but it’s just as important to test those forecasts against actual results. Regularly update your projections to ensure they reflect real-time business performance. If needed, adjust your strategy to stay on track.

Watch more:

Share Article

NZBusiness Editorial Team
Follow Me Written By

NZBusiness Editorial Team

NZBusiness is a team effort, with article submissions curated by a small team of professionals under the guidance of Editor David Nothling-Demmer.

Other Articles

Previous

Make your sustainability message stick

Hi-Tech Awards 2025 trustee David Downs at the finalists announcement.
Next

2025 Hi-Tech Awards finalists named

Next
Hi-Tech Awards 2025 trustee David Downs at the finalists announcement.
March 27, 2025

2025 Hi-Tech Awards finalists named

Previous
March 27, 2025

Make your sustainability message stick

Subscribe to our newsletter

NZBusiness Digital Issue – June 2025

READ MORE

The Latest

NZ businesses are stepping up nature action, survey

September 2, 2025

AI: Why Kiwi SMEs can’t afford to fall behind

September 2, 2025

AWS launches New Zealand cloud region with $7.5b investment

September 2, 2025

Loyalty beyond points

August 27, 2025

The proof is in the powder. Cleanery cuts packaging waste while going global

August 22, 2025

KiwiNet announces 2025 Research Commercialisation Awards finalists

August 20, 2025

Most Popular

Understanding AI
Economy, AI, and exports dominate 2025 business outlook
Still learning after all these years
NZBusiness Digital Issue – September 2024
Cecilia Robinson’s mission to revolutionise healthcare

Related Posts

Simon Bridges Video

Simon Bridges on AI, SME curiosity, and building billion-dollar niches

July 10, 2025
Adagio Rostron Finance Team

A smooth journey to business growth

June 25, 2025

A business journey from surgeon to CEO

May 9, 2025
Lilah McDonald WaterUs

Teenage social entrepreneur on a mission to install 100 drinking fountains

April 24, 2025
NZBusiness Magazine

New Zealand’s leading source for business news, training guides and opinion from small businesses to multi-national corporations.

© Pure 360 Limited.
All Rights Reserved.

Quick Links

  • Advertise with us
  • Magazine issues
  • About us
  • Contact us
  • Privacy policy
  • Sitemap

Categories

  • News
  • Entrepreneurship
  • Growth
  • Finance
  • Education & Development
  • Marketing
  • Technology
  • Sustainability

Follow Us

LinkedIn
Facebook
Instagram
YouTube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability