Cash flow is the lifeblood of business. Your goal as an entrepreneur should be to find a way to make money – and keep it. Here are tips on how to generate and improve cash flow
Determine Your Financial Approach
Most businesses set out a budget. Not Amy’s Kitchen, who has grown from a home-based operation to multi million dollar business. Instead of working within the limitations of their budget, they focused on what they needed to create quality products.
What to Do When Cashflow is Tight
There will be times when cash is not coming in through your door and you need to pay your bills. Maybe your customers are paying slowly, or you have fewer customers lined up. If your cashflow is tight, here are some suggestions to make sure that cash is coming in to your business faster than you are spending.
Improve the Cashflow of Your Small Business
Many small businesses fold up due to poor financial management: inadequate working capital and poor cash flow. Here are 10 ways to improve the cashflow of your small business.
Grow Without Borrowing
.As you grow your business, one of the important challenges you will face is the need for additional capital. Your business may need the infusion of new cash to be able to expand and reach the next level. Or, you may need additional money just to survive. Here are 10 ways a small business can …
