Improve your cash flow through good debtor management

Good cash flow is the breath of your business. If it stagnates or even declines, it can have crucial consequences for your business. Good debtor management has a direct positive impact on your cash flow. So what does good debtor management look like?

Featured: number of construction bankruptcies rises

For years, the construction sector has contributed significantly to the growth of the Dutch economy. In 2018, the construction sector (building and machinery) even gave the main impetus to growth (source: CBS). At the same time, the number of construction bankruptcies is increasing, ABN AMRO Bank reports.

How do you secure your assets - both private and business?

As an entrepreneur, you want your business to run as smoothly as possible with sufficient available working capital, as little risk as possible and, of course, a nice profit. Not only is it important to have your business affairs in order, but it is equally important to safeguard your private assets. In this context, Xolv has been working with Valyoux Family Office for several years.

Avoid liquidity problems when paying out holiday pay

It will not be the first time that a company collapses in the months when it pays holiday pay and remits payroll tax on it. The cash deficit has then grown too far, partly due to non-paying customers. How can you arm yourself?

An uninsured claim remains unpaid: now what?

It regularly happens that buyers do not pay on time. Efficient debtor management is therefore important, especially if the claim is not insured and you basically have to do the collection yourself. How to proceed? Who do you choose if you want to outsource debt collection anyway?

Temporary employment agencies: increase your temps!

In previous articles, we have mentioned that the staffing industry is, in a way, the indicator of the economy. When the economy picks up, the number of staffing hours increases and when economic growth slows down, we see this reflected in a declining number of staffing hours. With the retail sector remaining in dire straits, it is important for staffing agencies to guard against this ongoing trend.