How to ensure your debtors ledger is accurate and extract cash
out of your customers.
Worrells Partner, Ivan Glavas, recently presented "Working
the balance sheet: give me my money" as part of our webinar
series. It was a timely presentation on the current COVID-19
environment, and how to best position your balance sheet to ensure
your business makes it out the other side. The presentation was a
review of probably the most important, yet most misunderstood part
of a business's balance sheet: its debtors.
We all know that the COVID-19 environment is hitting all
businesses hard. It is expected that it will take at least 18
months for the COVID-19 descent to settle and for the economy to
return to a growth phase. Businesses must make the most of this
time to forward plan, and 'weather' the current
climate.
