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Home Questions

How to improve business cash flow?

Posted by Bizversity

My recommendation is to pay attention to detail. Don’t lose track of what is coming in and going out. If this isn’t your strong point, consider hiring someone to help you. The other important point about cash flow is to always have an idea of where you will be in a few months’ time, so that you can plan accordingly. To increase cash coming in, consider changing your sales strategy or discounting your products for a better stock turnover.

 

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