10 Tips To Know About Managing Your Business Cash Flow

Business Cash Flow Tips

1. - Aim for positive cash flow vs. negative cash flow.

2. - If your cash flow is negative, take steps to repair it.

3. - Review your numbers regularly.

4. - Know when receivables are due.

5. - Create sales projections.

6. - Tighten up credit terms.

7. - Conserve cash.

8. - Work with your vendors.

9. - Have a backup plan.

10. - Harness technology.

Read the full article at: http://smallbizla.org/2014/10-tips-to-know-about-managing-your-business-cash-flow

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

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