Managing Your Cash Flow: Part Seven
Many business owners are resistant to change and innovation, but if a business is going to succeed in the long-term, the most important thing it can do is to stay relevant and maintain a competitive advantage.
Many business owners are resistant to change and innovation, but if a business is going to succeed in the long-term, the most important thing it can do is to stay relevant and maintain a competitive advantage.
It’s important to have a plan for how you’ll get to where you want to be, even when the ultimate goal moves or changes.
In this month’s cash flow management for entrepreneurs and small business owners article, we’re going to look at how maintaining a positive cash flow can help your business avoid insolvency, and what you can do to ease any financial difficulty your business may fall into.
The fifth part in our ongoing blog series on cash flow management focuses on working capital, assets and liabilities, and how you could release some of the funds tied up in your business.
Find out about the difference between products and services that are essential to your business, and those that are just nice to have.