3 tips to increase small biz cash flow

Increasing cash flow is a goal for all business owners.

The Globe and Mail provides these tips.

1. Investigate loan options: Consult a lender to see if you’re eligible for a small business loan, which will help cover holes in your budget.

2. Offer incentives: Whatever your product, offer customers incentives for purchasing. This will help business growth, and give you more cash on hand.

3. Pay bills when they’re due: It’s tempting to pay bills as soon as you receive them, but waiting until the day they’re due ensures you have cash flow should you need it.

Read more.

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