Cash they say is KING.
At a time like this cash projection must be strictly monitored and made to work as an effective tool to generate liquidity and sustainability.
How can you then ensure positive cash flow? You will need to take certain necessary steps to ensure you remain on top of your business game. Some of the steps are:
Improve your Revenue
Control Debtors
Control Expenses
Control Work-in_Progress.
Turn around of cash should be shortened
Control investment in Fixed Assets
Control Credit Payments.
As a business owner, you are looking sustainability and growth.
Surely, this time your business can flourish.