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.
Don’t stop selling when business is booming. Otherwise the well will run dry.
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