Reduce costs - reduce your bank interest. 1.

This is the core of a formal review which you can do as a proper management task. The full checklist comprises FIFTY WAYS TO SAVE COSTS, so keep this for later and then work out how best to approach the matter in your organisation. This is a serious list for a serious situation.

1.1 Reduce your bank interest. 1.

1.1.1. Get a report of your top three debtors every morning, a continuous reminder
1.1.2. Get a report of your oldest three debts every morning, a continuous reminder
1.1.3. Are you getting your bankings paid in immediately,
1.1.4. How can you get your invoices prepared and sent out earlier
1.1.5. Better yet can you send them a receipt as this will mean you’ve already received payment, in advance of a formal note of the amount due.