How your courier business might work financially

This article may help you when planning your courier business with your professional advisors. You’ll need a cash flow forecast at the outset, however tedious this may seem. As with any business, there’s no point in going to a lot of expense of time effort and money to set your courier business up, without being reasonably certain that you have enough cash available to run it.

You need to be sure that you can pay your bills as they arise, without necessarily having to wait to be paid in full by your customer. A cash flow forecast will show you how much spare cash you need to survive.

If you’re a director of a limited company, you have a legal obligation to…

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