Seasonal factors can make this an expensive period for many small businesses and it is not uncommon for short-term credit to be utilised to help manage cash flow. If you’ve found yourself with a hefty credit card bill after the Christmas and new year period, now is an excellent time to review your finances and plan for the months ahead.
Start by reviewing statements
Taking a close look at your credit card statements ensures all transactions are accurate and helps you assess your financial position. Regularly monitoring your statements not only reduces the risk of overlooking errors or discrepancies but also gives you insights into seasonal spending patterns, particularly if you don’t have…
