4 tips to maintain or reduce business debt [infographic]

Posted by James Price | JPAbusiness on 11-Dec-2019 02:00:00

Four people's hands as they discuss page of graphs on table

The infographic below contains four of our top tips for managing business debt and maintaining a healthy cash flow.

Business owners looking to drive their business forward need to be aware of their capital base and liquidity for working capital and investment purposes. Critical to this is maintaining a strong cash flow.

4 tips to maintain_reduce business debt

Cash flow is important whether you choose to fund your business’ working capital needs with cash or a line of credit. In the case of seeking credit from a bank, maintaining a healthy cash surplus will positively influence the bank’s view of your loan’s serviceability, which may result in:

  • less onerous loan conditions and covenants
  • more flexible financing options
  • improved cost of borrowing.

Take a look at our eBooks on Managing your banking relationship and Managing cash flow and working capital for more advice in this area. You can also download our free Working Capital Checklist.


Managing Cash Flow and Working Capital eBook | JPAbusiness 


The JPAbusiness team offers a range of business advisory services that can help with cash flow management, including assessing and offering advice on your current business systems and processes. Contact the team on 02 6360 0360 (Orange) or 02 9893 1803 (Parramatta) for a confidential, obligation-free discussion.


James Price 2018 smallJames Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.


Topics: Cash flow, Working capital, infographic, business advice, Business advisor, Parramatta, Orange NSW, managing debt

Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 





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