Rotorua Daily Post
  • Rotorua Daily Post home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
    • All Lifestyle
    • Residential property listings
  • Property
    • All Property
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Rural
  • Sport

Locations

  • Tauranga
  • Te Puke
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Taupō & Tūrangi

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales

Weather

  • Rotorua
  • Tauranga
  • Whakatāne
  • Tokoroa
  • Taupō

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Rotorua Daily Post / Business

Jeremy Tauri: Ways to keep cash flow in positives

By Jeremy Tauri
NZME. regionals·
23 Jul, 2017 04:00 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Jeremy Tauri

Jeremy Tauri

There's a number of ways you can feel as if you're going nowhere in your business.
One of the worst is when you looking at your internet banking and see the overdraft blowing out with little funds available.

When your cash flow is sick it can literally make you feel sick.

But before you succumb, consider a logical approach to review your cash flow.

1. Check the numbers, and then check them again - you should have at your fingertips the ability to bring up or obtain a profit and loss statement, giving you some sort of idea if you're making money.

If something doesn't look right, get your accountant to go through it with you. If you can't get this information easily, find out how hard it is to get this system set up.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

If you are feeling stretched it is important not to wait until the end of the year to see what you've made ... or lost.

2. Have you been buying assets but not using finance? Buying machinery or vehicles with your overdraft will make your bank account sick.

It's best to seek some sort of finance for those assets - lending is relatively cheap these days and possibly cheaper than your overdraft.

Advertisement
Advertise with NZME.

There's a saying: Long-term asset - long-term debt. Keep your cash flow for operating expenses. The asset finance team at your bank might be able to help you refinance some of this debt.

3. Check the debtors or the people who owe you money to make sure they're paying. Who's on that list? Are your credit terms too light? The usual 20th of the month following is probably a standard for larger companies but can you get these terms to seven days, 14 days to keep your cashflow positive. Progress payments or even being paid in advance is becoming common.

There might need to be an incentive and agreement for your client to do this - such as a discount.

Jeremy Tauri is an associate at Plus Chartered Accountants

Save

    Share this article

Latest from Business

Premium
Opinion

Balancing power: What the employment law changes mean for you

06 Jul 05:00 PM
Rotorua Daily Post

NZ Super Fund-backed Kaingaroa Timberlands expands with Waikato land purchase

01 Jul 05:43 AM
Premium
Opinion

What’s the market mood at the midpoint?

29 Jun 04:17 PM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
Balancing power: What the employment law changes mean for you

Balancing power: What the employment law changes mean for you

06 Jul 05:00 PM

Comment: Employees earning over $180,000 lose the right to claim unjustified dismissal.

NZ Super Fund-backed Kaingaroa Timberlands expands with Waikato land purchase

NZ Super Fund-backed Kaingaroa Timberlands expands with Waikato land purchase

01 Jul 05:43 AM
Premium
What’s the market mood at the midpoint?

What’s the market mood at the midpoint?

29 Jun 04:17 PM
Premium
Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

24 Jun 12:00 AM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Rotorua Daily Post e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Rotorua Daily Post
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Rotorua Daily Post
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP