Simple Steps Can Save Money and Improve Cash Flow In Your Small Business - Small Business Solutions from Denise O'Berry

Simple Steps Can Save Money and Improve Cash Flow In Your Small Business

Think your business is squeezing every penny out of its activities to keep expenses low and the cash flowing? Think again.

Waste is rampant in just about any company.

But most small business owners don’t take the time to see where changes can be made until they feel the pinch in cash flow.

We get used to doing things the same old way.

We get comfortable with our business activities just like putting on an old worn shoe.

But we can’t afford to do that.

It’s important that you consistently assess what you are spending your hard earned money on so you can find ways to keep it in your business.

Here’s what you need to do.

  • At least once a month take the time to look at what it’s costing you to provide your product or service. Specifically look for places that might be leaking cash because of waste.
  • Ask your staff where the company could save money. You’ll be surprised and amazed at what they come up with.
  • You can also reap a lot of cash for your business by making sure your staff understands what expenses their job causes in the workplace. Then ask them to look at everyday activities to see where some trimming can be done.

To keep doing things the same way just because that’s how you’ve always done them is cash flow suicide.

Don’t let it kill your business.

cashflowchecklist-640

About the Author Denise O'Berry

Hello! I'm Denise, Your Strategic Partner -- Let me guess. You bought into the hustle, hustle, hustle vibe and now you're on the brink of burnout. You keep setting your alarm for earlier in the day, but don't gain anything from it -- except bleary eyes and frustration about how little you've accomplished at the end of the day. I get it. I've walked in those shoes and they aren't a good fit for anyone. Let me help get you where you want to go without all the stress and frustration.Click here to learn more.

>