Octet is Cash Flow: Research shows the biggest problem faced by most businesses isn't getting new customers, or being undercut by competitors, or retaining key staff, or any of the other usual suspects. It's something more basic. It's cash flow.
However profitable your business may be, unpredictable cash flow makes it vulnerable. It's hard to make entrepreneurial strategic decisions when you are strung out for cash.When cashflow is hand to mouth, planning takes a back seat to day to day operations. Poor cash flow puts you at the mercy of banks who generally secure themselves and then charge you royally to help you out.
In many businesses, debtors are 'long' but creditors are 'short'. This means the business is always chasing cash. Poor cash flow interferes with your supplier and client relationships. You end up talking money when you really want to talk business.
So what's the Cash Flow Solution?
You probably use a credit card to manage your business travel and entertainment. It's convenient, it keeps admin simple and you get reward points.
Now imagine having the same for your business purchases and credit sales. Something you can use for real business purchasing, to buy materials and stock from your suppliers. Octet is your Cash Flow Solution.