Roaring Out of a Recession
Whether it’s a pandemic, sky-high inflation, or a global recession, business owners can’t seem to catch a break before the next economic tidal wave rolls in.
So how do you keep your business afloat in today's new economy? Look no further than this Book. You'll learn how to:
Keep cash flowing, even if client payments are late
Understand your finances to stay in the black
Acquire new clients and keep current ones happy
Establish new and creative income streams
Make Cash Flow Your Best Friend
When you know how much money is flowing in and out of your business, you can:
Cover Day-to-Day Operating Costs
Operating on razor-thin margins? Stay afloat by collecting on receivables ASAP, cutting costs, and negotiating payment terms.
Make More Informed Business Decisions
Understanding how your business is performing is key. You’ll make smart decisions that keep your business financially stable in volatile times.
Apply for Financial Relief
If you're having a tough time making payments, there's support out there. Check out the many financing options available to help tide you over.
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When in doubt, trim expenses
“You’ve got to hoard cash. Cut all non-essential expenses: Company credit cards, travel, 401k ... I’m talking about dramatic things. Why? Your business has to survive.”
Bob Prose
Author of Kiss Theory Goodbye
CEO of The Prosen Center for Business Advancement
