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
1183 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.



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