cash flow problem

3 Tips For Quickly Increasing Cash Flow

124374293 150x150 3 Tips For Quickly Increasing Cash FlowKelowna accountant, Ken Davidson, gives a few tips to entrepreneurs that will quickly help them with increasing cash flow in their business.

Obviously increasing cash flow in your business is extremely important. Without enough cash flow, you’re going to have problems. The businesses that generally run into cash flow issues are those that require significant amounts of inventory. For example, the service industry very rarely tends to have a cash flow problem other than collections.

Come to think of it, let’s talk about collections because that is the first way you can start increasing cash flow.

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