In recent times there has been the tendency for the
Christmas holiday season to stretch out over a number of weeks and therefore
with a few weeks to Christmas it would seem an appropriate time to consider the
implications for business.
Without doubt of biggest concern to businesses will
be the impact on cash-flow. Many companies are operating very close to the edge
and any delays in payment could have serious consequences.
In some instances invoices which fall due for payment
after the 19th December could well not be settled until the 5th
January – giving an at worse scenario of 3 weeks delayed payment.
It would therefore seem prudent to look at your last
half December receivables and make a realistic forecast of just how much cash
will “come in”.
Similarly with “just in time” inventory it would be
sensible to ensure that sufficient stock will be on hand for the early days of
January when there are likely to be disruptions to the supply chain.
Trying to get things done in the UK
during the latter half of December has proven to be a challenging task so it
would be best to ensure you take appropriate action now and are positioned
accordingly.
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