5 Ways To Improve / Manage Cash Flow
1. Setting cash flow targets - This helps as it means that you can see when the targets are being met, but reachable targets will be needed.
2. Making Payment easier for customers to pay - Easier meaning different payment methods, like using online, cash, card. this means nearly the whole majority of customers will have no problem paying.
3. Employing someone to manage your cash flow - The person will be trained to manage your cash flow and improve this for you.
4. Selling old stock, using discounts and reductions - Selling old stock that is out of date or old stock for reduced prices and discounts may raise cash flow a little bit.