Episode 55 - How bookkeepers can manage clients’ cashflow

Today on the podcast, Zoe Whitman was joined by Sinead McHale, CEO of Satago. Satago is the platform that provides automated credit control, risk insight and invoice finance to business owners and their accountants. Sinead has held senior management roles in New York, Dublin and London across a variety of industries including banking, investment funds, and alternative business finance. Sinead also holds a Master’s degree in Strategic Management Accounting, giving her a unique perspective on small businesses, their relationship with their accountants, and their cash management challenges. Passionate about small business growth and fintech, Sinead applies her varied expertise to ensure business owners have access to the tools and finance they need to thrive. Here a bit about what they discussed in today's episode: Cash flow can be a huge problem for small businesses but it doesn’t always feel like it’s the bookkeepers’ key area of focus. So they discussed what conversations bookkeepers can have with their clients to support them What we can advise businesses to do to avoid cash flow problems caused by late payers and bad debts Whether or not it's the place of the bookkeeper to suggest businesses consider invoice financing What's involved with invoice financing on a practical level Resources: Are you 6 Figure Ready? Take our Quiz 6figurebookkeeper.scoreapp.com ---------------------------------- Find out more about Jo and Zoe by following The 6 Figure Bookkeeper on YouTube. https://www.youtube.com/c/6FigureBookkeeper ---------------------------------- Community: The 6 Figure Bookkeepers' Club on Facebook 6figurebookkeeper.club ----------------------------------------- Book Order your copy of our bestselling book The Bookkeeper Rises ----------------------------------------- Courses Find out more about The Bookkeepers' 6-Month Success Programme. Join our Bookkeepers' Startup Programme 6figurebookkeeper.com/startup ------------------------------------------ About our sponsor Get a 30-day free trial and two months' half price of Go Proposal by going to bit.ly/6FBGP ------------------------------------------ About us We help bookkeepers find clients, make more money and build businesses they love that work for them. We're raising the profile of the bookkeeping profession and bookkeepers worldwide. Whether you're a bookkeeper or accountant wanting to grow your own business to have the flexibility for your life, and your family, come and join us. Join our FREE Facebook community, The 6 Figure Bookkeepers' Club, to experience this revolution for yourself. ----------------------------------------------- Connect Connect with Jo Wood and Zoe Whitman in The 6 Figure Bookkeepers' Club on Facebook at 6figurebookkeeper.club ------------------------------------------ The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.