Cash flow problems in any business can lead to closing your doors or force your business to limp along a path to eventually close your doors. Small businesses have to stay on top of things. In an economy that can at best be described as stagnant, I always want to get the best ideas to up the cash flow.
I recently had the opportunity to pose the question to the “Ask the Consultant” section on the StarTribune.com. The question covered cash-flow for a business our size.
Here’s the main question:
“Is there any advice you could give to a small business when dealing with cash-flow issues? More to the point, maybe you could discuss techniques to help businesses get clients to pay on time and often.”
You can read the question and answer here on the StarTribune.com. Giddy up.