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Home Questions

Cash flow – how to overcome slow periods and also how to prepare for them?

Posted by Bizversity

One of the scariest parts of being in business is dealing with the ebb and flow of cash. Some business advisors recommend having three months of costs up your sleeve before you get excited about spending any surplus cash, which is a good idea. You may find the slow periods cyclical so if you can identify them over time you can use the quiet period to work on your marketing strategy and the growth of your business.

 

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