Cash is KING. When you’re a small business owner, keeping cash flowing in the doors is paramount to stay in business. Many a business has failed…not for lack of a great idea or terrific service…but because the business owner couldn’t keep the “flow” flowing.
I ran across a great article here on improving cash flow for your business. It’s geared towards small independent retail businesses, but much of it is applicable to all businesses. Numbers 1 and 6 were the best reminders for me. Any good ones for you? I’d love to hear back from you.