Cash Flow Management: Keep the Lifeblood of Your Business Strong
There's a reason 87% of small business owners said cash flow management was "extremely important."* Because it can make or break a business. So take charge of your financial future—and start with some of the smart thinking you'll find here.
Quicklist
Think about these four key topics when you're trying to manage your cash flow.
- Maximize income.Make sure your pricing is fair (to you and your customers) and find ways to diversify your income sources.
- Minimize expenses.Can you bring down your variable costs? Negotiate lower fixed costs? Find ways to cut, without sacrificing quality.
- Be prepared.Turbulent times and growth spurts each have their unique sets of issues. So have a plan for each.
- Know your numbers.Keep excellent records, follow standard bookkeeping practices, run frequent reports—every penny counts.
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Secrets to Controlling Costs
What are the four things every small business should know about managing costs? Connie Hernandez, CFO of Re-Use Concrete Sealing reveals them all.
Cash Flow Management Blogs We Like
Check out what some of our favorite cash flow experts have to say.
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Business Trends Blog
The Small Business and Entrepreneurship Council -
All Business Blog Center
How-to advice, analysis, and commentary from experts
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