Category: Cash flow
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7 Ways to Improve Your Cash Flow
When you own a business where your top line proliferates, increasing profits yearly, you’re moving in the right direction. But don’t think you’re in the clear just yet. Many successful businesses can experience cash flow issues when their finance, investing, and operations activities are misaligned or inefficient. The first Habit of Profitability is to move from…
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What is Incremental Cash Flow?
How often do you think about how incremental cash flow impacts your business? For many organizations, few people consider it at all. It’s common for companies to look at all revenue the same. Still, the best way to grow your business progressively and get ahead of the competition is by examining what incremental cash flow…
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#94: When did we become a bank?
When you’ve delivered your product or service, your aim should be to get paid as fast as possible. Same day if you can swing it. If not, then faster than your agreed payment terms if possible. But no later than the last day. Because this gap between supplying the product or service and getting the…