Benjamin runs a cheese shop at the local shopping centre. Some months Benjamin seems to have more than enough cash to pay his bills when they are due. Other months Benjamin struggles to pay bills on time as he runs short of cash in the business's bank account and has to use money from his personal account to pay business expenses.
(a) Advise Benjamin on ways he can overcome his cash flow management issues.
Benjamin can overcome his cash flow management issues by using the following ways; Managing payables : Benjamin can manage... View the full answer