Quick tips for increasing cash flow
Here are a few tips to increase your cash flow:
-Minimize Accounts Receivable by billing timely, using incentives to get customer payments faster and follow up on collections
-Keep inventory at a manageable level
-Look at your customer base and focus on your most profitable products/services
-Great Customer Service=More Sales
-Require at least 50% payment at time of order and the remaining balance due at delivery