Small Retailers Can

Maximize Cash Flow

5 Ways

It can be difficult managing the cash flow of your small retail shop, especially if you are growing quickly.

It's important to learn cash management, so that you can ensure the sustainability of your business.

Following are five ways you can maximize your cash flow:

Demand on-time payments from customers Align cash flow goals with sales goals Create budgets based on forecasts and

scheduled demands Allocate funds for big purchases (calculate this

into your budget) Search for government incentives to reduce

capital expenditures, payroll costs and taxes

Proper systems and processes need to be set into place in order to pull this off. A business consultant can recommend business systems that will streamline your company operations and maximize profits.

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