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.





Comments


Written by bigmoneyweb
1564 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.

This Could Be One of the Most Underestimated Employee Benefits

What's more important than salaries at your small business? Small business owners and entrepreneurs sometimes believe they …
Subscribe

Ross Kimbarovsky @rosskimbarovsky Dressses Down for Small Business Dreams

Ross Kimbarovsky could tell you about his passion for entrepreneurship. He could (and does) talk often about the drive … More
Editor's Picks


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