Knowledgebase

Managing Print Business Cash Flow Print

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Money through production.

WHAT THE PATTERN IS

Materials bought before payment, and jobs produced before invoicing.

WHAT THAT PRODUCES

Cash committed per job.

WHAT TO ESTABLISH

A deposit on substantial jobs, covering materials.

WHY

Printed items are customer-specific and cannot be sold to anyone else.

WHY THAT MATTERS ACUTELY IN PRINT

A cancelled personalised job is a total loss.

WHAT TO REQUIRE

Payment before release, for new customers.

WHAT TO ESTABLISH FOR ACCOUNT CUSTOMERS

Terms, a limit, and monitoring.

WHAT TO MONITOR

Balances and payment behaviour.

WHAT TO DO ABOUT UNCOLLECTED JOBS

Contact repeatedly, and record it.

WHAT TO ESTABLISH IN ADVANCE

How long you store completed work, and what happens afterwards.

WHAT TO TRACK

Work in progress: materials consumed on jobs not yet invoiced.

WHY

It is money spent and unearned, and it is invisible otherwise.

WHAT SEASONAL PATTERNS EXIST

Concentrated demand around events, elections, festive periods and school terms.

WHAT THAT REQUIRES

Materials and capacity in advance, funded before revenue.

WHAT TO PLAN

Purchasing ahead of predictable peaks.

WHY

Material prices rise and availability falls when everyone needs them.

WHAT TO RESERVE

Cash for the quiet periods between.

WHAT TO REVIEW WEEKLY

Jobs completed, invoiced and paid.


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