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Retail Christmas Cash Flow: Four Ways to Ease the Squeeze
Your sales aren't bad. So why does it suddenly feel like there is no money in the bank?
Hi, I'm retail strategist and founder of Resilient Retail Club, Catherine Erdly.
Every September and October I have the same conversation, and it is almost always with someone who is convinced they have done something wrong. You planned Christmas properly. You placed the orders. And now, right on cue, the invoices for all of that stock are landing while the Christmas sales that are supposed to pay for them are still months away. Your VAT, your wages and your rent carry on regardless. That is the Christmas…
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