Here are some tips to increase profits while lowering operational costs. Cash flow can be described as a magnitude of money that is flowing into a business in terms of profit, plus that which is leaving a business as expenses. When a business owner maximizes cash flow in their business, they are able to not only have increased profits, but also lower operational costs.

Sponsored Content


Comments


Written by bigmoneyweb
646 days ago

Very insightful. Although your income statement might show a healthy profit, it doesn't amount to a hill of beans if you have no cash flow. One of the biggest mistakes made by new business owners is allowing clients and customers to buy now and pay later. In other words, extending credit. Thanks for sharing.



Log in to comment or register here.

Free, Fast & Easy: A new way to communicate benefits to employees

  We know that as a small business owner, you have your hands full. Aflac has made it easier for you to communicate …
Subscribe

Paul Cox @SpinLessPlates Offers Business in a Bag

Paul Cox was looking for a way to cut back on the hours he was spending on his business. Like many entrepreneurs, Cox … More
Editor's Picks

It's time to up your game with video on BizSugar!
Did you know you can now post video on BizSugar?
Post your small business video to BizSugar today!
Have you tried BizSugar's new video posting feature?