The critical issues for small business – February and March are traditionally the worst cashflow months for small business – the Christmas rush is over, the Business Activity Statement is due, and payments slow down with a dip in consumer spending. You might be ok but your customers could be under pressure and often whoever wields the most influence gets paid first.
Do you have a lot of debtors over 90 days? We recommend you work to minimize the debtors you have over 30 days, so that it becomes a very small percentage.