Business Canterbury - Westpac Smarts: Cashflow and profitability

The financial landscape for businesses is challenging, with a strong focus on survival and adaptation. There's a sense of risk aversion in the market, with companies becoming increasingly conservative in their spending. High costs and interest rates are putting pressure on organizations, forcing them to hunker down and work through these difficult economic conditions. Businesses are currently grappling with significant financial constraints and cash flow challenges. Companies are seeking innovative ways to manage their finances, reduce costs, and maintain their market position in an increasingly competitive and constrained economic environment.
Cash flow management has become a critical focus for many businesses. The current environment is resulting in businesses experiencing lengthy payment terms. Delays in receiving payments create cash flow difficulties, is having significant impacts particularly for smaller businesses.
To address these financial pressures, businesses are exploring various strategies:

• Ways to improve cash flow and profitability in the current economic climate.

• Practical, actionable advice on improving cash flow and financial management.

• Investigate options to reduce payment risks and diversify revenue streams to respond
to changing markets.

SPEAKERS

Tim Chaw
Director
Rodgers & Co
Amanda Boyle
Commercial Relationship Manager
Institutional & Business Banking
Westpac
Jillian Tan
Relationship Manager
Business Banking
Westpac

COST:

Business Canterbury Connect |Thrive | Invest Member - Free

Westpac customers - Free

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EVENT MANAGER:

Rebecca Golding | [email protected]

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