One really good way to help increase your cash flow is to establish a referral program that leverages your customers and contacts. There are several methods you can use.

One method for generating referrals as a growth strategy for your small business is to simply tell existing clients they’ll get a percent discount the next time they use your service if they refer a friend.

That’s how one small business owner has consistently grown her business. She says, “It’s almost guaranteed that my existing clients will continue to do business with me so they can cash in on their reward.” [Read more...]