Cash Flow Management: A Small Business Survival Guide

Cash flow problems are the #1 killer of small businesses. Even profitable businesses can fail if they run out of cash.

What is Cash Flow?

• Cash In: Customer payments, loans, investments
• Cash Out: Expenses, wages, inventory, taxes

10 Strategies to Improve Cash Flow

1. Invoice Immediately
2. Shorten Payment Terms
3. Make Paying Easy
4. Follow Up Promptly
5. Negotiate with Suppliers
6. Manage Inventory Wisely
7. Build Cash Reserves
8. Forecast Cash Flow
9. Separate Business and Personal Finances
10. Use Technology

Warning Signs

• Consistently paying bills late
• Relying on overdraft or credit cards
• Turning down work
• Struggling to pay yourself

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