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Business Loan Providers

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Business Loan Providers

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  1. 5 Tips To Manage Your Small Business Cash Flow

  2. Periodic review and slashing down on expensive overheads Keep a watchful tab on overheads. Quick solutions like leasing a photocopier to cut down on printing and copying expenses, hiring interns and freelancers in place of full-time staff etc are some examples.

  3. care@vserveloans.com care@vserveloans.com Invest cash-balances in interest-rich accounts Instead of investing in long-term deposits, transfer your cash balances to high interest-earning accounts so that liquidity is not affected. Go in for penalty-free cash deposits with free foreclosure options. Small business entrepreneurs consider cash flow problems as one of the top 5 challenges that they are faced with. Due to increased competition, small businesses need to maintain that delicate balance between operating innovatively and efficiently. Competition forces them to innovate, but cash flow issues mandate them to remain cost-effective, leading to the smart age culture called sustainable innovation.

  4. care@vserveloans.com Negotiate better terms with debtors and creditors Giving discounts for quick payments, requiring deposits for bulk and large orders, balancing between costs of holding and ordering inventory and extending your accounts payable are all ways to better cash flows.

  5. Be mindful of your break-even point BEP is that point when you reach a no-profit-no-loss solution, that is, the money made by you has covered all your costs. It is advisable to spend frugally until at least you reach break-even in recovering your variable costs.

  6. Secure a business line of credit proactively Using either your inventory or accounts receivable as collateral, small business owners can easily get a business line of credit, that can shock-absorb cash flow hiccups. Cloud-based accounting, mobile payments, in-app payment reminders and automation of report generation and the cash-flow statement will help in managing cash flows.

  7. ADDRESS: No. 86, New No. 74, 4th Floor 5th Avenue, V Block, Anna Nagar, chennai-600040

  8. Contact: 6369664867 Gmail: care@vserveloans.com

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