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Managing Cashflow to Pave the Way for Business Success

Released on = July 21, 2006, 9:18 am

Press Release Author = Victoria Selman

Industry = Small Business

Press Release Summary = Starting up a business is an ambition that many people share
but if you don't watch your bottom line the dream can quickly turn sour.

Press Release Body = Starting up a business is an ambition that many people share
but if you don't watch your bottom line the dream can quickly turn sour.

According to official statistics, only about half of all SMEs are still trading
three years after being formed.

According to Onstop.co.uk which helps businesses to manage their cashflow by
reducing the incidence of late payment, the reason for this is clear.

"One of the main reasons that new businesses fail is that they have not been able to
manage their cashflow effectively.

After all, you still have to pay your suppliers even if you have not yet received
money from your customers. If there is a time lag between receiving and making
payments it can put significant financial pressure on an organisation".

The importance of managing cashflow was the driving force behind the launch of
Onstop.co.uk. The company helps its members to secure prompt payment from its
customers via a number of different methods and initiatives.

The aim was to create a way to secure prompt payment without harming the
relationships that the members have with their customers.

For more information please visit http://www.onstop.co.uk or send an email to
admin@onstop.co.uk.


Web Site = http://www.onstop.co.uk

Contact Details = OnStop Limited
Enterprise Way
Airedale Business Park
Keighley Road
Skipton
United Kingdom
BD23 2TZ
admin@onstop.co.uk

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