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7 cash flow problems (and solutions) for small businesses

Published by Intuit

Cash flow management is crucial for sustaining business operations and addressing common challenges like high borrowing costs, outstanding receivables, and inventory mismanagement. This guide outlines strategies to mitigate these issues, including building cash reserves, refining forecasting practices, and implementing efficient accounting systems. Solutions like adjusting payment terms, leveraging invoice financing, and adopting technology-driven tools help optimize cash flow and reduce risks. By addressing seasonal demand fluctuations and streamlining expenses, businesses can maintain liquidity and better position themselves to navigate financial uncertainties and seize growth opportunities.

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Related Categories Project Management, Supply Chain Management, Customer Relationship Management (CRM), Supply Chain & Manufacturing, Demand Forecasting, Digital Transformation, Cloud Computing, Enterprise Software, Business Intelligence, Data Management, Workflow Automation, Financial Management, Procurement

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