Cash flow is child’s play: Your easy peasy guide

With kids as young as seven ‘earning’ £570 per year on average*, you’d be surprised what children can teach you about cash flow.

Pick up valuable advice in this simple guide to managing small business cash flow from Xero (and the kids).

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The kids are alright but what about business?

Recent research* shows that children know how to make the pennies count, but many small businesses struggle to stay on top of cash flow management.

49%

of Britain’s children run a side business to earn a little extra cash.

49%

of business owners are concerned by late invoice payments.

49%

of failures in the first five years are blamed on financial issues.

Watch Penny’s top 5 tips for managing cash flow

From invoicing to record keeping, see what you can learn in our easy peasy guide to managing small business cash flow.

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* Survey of 2,000 parents and their children aged 6-16, conducted by OnePoll between 5 May 2017 and 20 July 2017.