In these tight times cash is king. And when it comes to cash, timing is everything.
All small business owners experience the stresses of managing cashflow. You may have $5k in the bank, sell $30k of products and services in a month, spending $20k worth of costs, but still run out of cash. That’s the issue of cashflow. When do you get paid?
As a small business owner, life will be a lot less stressful if your customers pay you faster.
Here is a collection of tips to speed up the process of getting paid – which can dramatically improve your cash-flow.