My cash flow problems are starting to grow.
Most low margin / low profit businesses eventually run out of cash. Businesses that have over-invested in capacity or those whose fixed-cost resources are idle eventually run out of cash. Seasonality of demand ultimately leads to cash flow problems. And if your market provides longer credit terms to clients, you have to deal with cash flow problems.
How you can improve your cash flow?
So, if your cash flow problems are starting to grow, you need to take a quick look at how you can increase your profit margin – by reducing your costs and increasing your fees – if it is competitively possible. You would also want to reduce your fixed costs and make optimum use of your resources – which generally means you must generate more sales.
If you are struggling with cash flow problems, and if you are ready to embrace a solution that enables you to pay only for the resources actually used – thus reducing your fixed costs and at such rate that increases your profit margin – and at the same time freeing up your precious time for sales and marketing, please use the form below to contact us here at Pransform.