The Institute of Credit Management (ICM) and the Minister of State for Business and Enterprise Mark Prisk have published their monthly ‘tip’ for small businesses to better manage their cashflow.

“Make sure payments due to suppliers are in your cashflow forecast so they don’t catch you by surprise.”

The cashflow ‘tips’ are derived from the series of Managing Cashflow Guides published by the ICM for BIS that have to date been downloaded more than 250,000 times.

For further information, log on to http://www.creditmanagement.org.uk/bisguides.htm