How Successful is Your Cash Flow Management?
Cash flow management is critical to every business owner and a forecast should be done weekly or monthly.
Getting down payments against work you have yet to complete is one way to speed up cash flow. Another may be to offer discounts for early or prompt payment.
The best way to decrease speed in which cash flows out is by matching your vender terms with the terms you give your customers, or schedule your regular payments at the last possible due date.
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