Learning to avoid a negative cash flow
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giffard
Apprentice
Joined: 20 Dec 2006
Posts: 5
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 Posted: 07/14/08 - 05:12 Post subject: |
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| I have a new business and, like almost everyone warned me about in advance, it is much harder than I had imagined before. Especially keeping up with the cash flow seems to be a problem. Can you help me learn to avoid a negative cash flow? Any tips would be more than appreciated. |
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alvie
Apprentice
Joined: 18 Jan 2007
Posts: 11
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| Posted: 08/13/08 - 03:20 Post subject: |
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| The big trick at this stage in time is to see where you can reduce your expenses, rather than focusing on increasing your income (that is a more complicated, more long term issue). Cutting down expenses is something that can be done immediately and can save you a lot. Good luck! |
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