2006-06-15 23:57:57 · 6 answers · asked by Anonymous in Business & Finance ➔ Small Business
IT Company
2006-06-16 00:08:09 · update #1
Reduce the cycle of time for production and sale.
Go in for discounting the bills receivable and get a cash credit sanctioned. Examine what all rebates concessions you are entitled for. Get credits without extra cost .Establish relationship with debtors and creditors and ways and means to improve cash flow. Find out where the money is flowing when, how, why etc and you can find out. May be sell and lease your building to your own self. Sell the cars and go in for rentals.Avoid overtime payments.etc etc etc
2006-06-16 00:39:23 · answer #1 · answered by THATHA75 6 · 0⤊ 0⤋
Here are some book titles that are relevant:
* Cash Rules: Learn & Manage the 7 Cash-Flow Drivers for Your Company's Success by Bill McGuinness
* Creative Cash Flow Reporting: Uncovering Sustainable Financial Performance by Charles W. Mulford, Eugene E. Comiskey
* Winning the Cash Flow War: Your Ultimate Survival Guide to Making Money and Keeping It by Fred Rewey
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-06-16 06:43:23 · answer #2 · answered by TM Express™ 7 · 1⤊ 0⤋
Cut your expenses as much as possible while increasing your advertising budget. Find cheaper, more effective ways of advertising. Make sure your ads are reaching your market target. Advertising can be compared to someone trying to hit a small target with either a shotgun (mass advertising - bad unless you're coca-cola, burgerking or KFC) or a highly pinpointed, well-aimed rifle shot (which is more like what you probably need).
2006-06-16 00:24:09 · answer #3 · answered by Me in Canada eh 5 · 0⤊ 0⤋
The more you can invest and the smarter you can invest the better your cash flow would be. .. .
Marketing is key to any business. Advertise it to YOUR key audience. What kind of business are you talking about? That might also help answer the question.
2006-06-16 00:06:53 · answer #4 · answered by zeenarah 4 · 0⤊ 0⤋
Become a lean enterpise. Increase inventory turns. Reduce inventory to match your requirements. Build only what's required.
2006-06-16 01:58:40 · answer #5 · answered by Gerry K 1 · 0⤊ 1⤋
fixed a higher interest for debtors, or giving good discount for good debtors. doing good relationship with buyer and vendor.
2006-06-16 00:19:07 · answer #6 · answered by jz_u 1 · 0⤊ 0⤋
Lol :)
2016-03-15 06:08:20 · answer #7 · answered by Anonymous · 0⤊ 0⤋