Article: Improve cash flow with simple steps

Without a steady flow of cash to cover expenses, your company can quickly stumble.

Cash flow troubles can develop even when sales seem strong. Facing a continuous cash crunch makes it difficult to conduct your business properly. And while it may be tempting to seek out fancy financial formulas for predicting and tracking business cash flow, the basics tend to be plain common sense for most small businesses.

SCORE counselor and certified public accountant Robert Pacios of Auburn points out that, "The object is to make certain that more cash enters your business than exits in your bank account. First, you need to translate sales into real money as quickly as possible. Once you've collected the ...

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