3 ways to keep your cash flowing

Description

Abstract: Companies can often survive short-term periods of unprofitability, but a serious cash flow crunch may prove fatal. Ensuring that a business has adequate cash — or working capital — on hand to meet ongoing operating expenses requires a strategy designed to strengthen working capital management and boost cash flow. This article offers three ideas to consider: shortening the cash flow cycle, reducing operating expenses and overhead, and streamlining inventory management.