To optimize cash flows you need to:
constantly check the balance;
increase the volume of income not related to the sale of products (for example, selling material resources that are not used);
reduce the volume of trade credits;
improve sales.
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Step 6: Restructuring of accounts payable
This measure involves revising the terms of the loan by the financial institution towards greater loyalty. The enterprise can use installments, exchange the debt for securities, reduce the interest rate.
Stage 7: Reorganization of the enterprise structure
Reorganization helps to stabilize financial flows, which helps to maintain the company's value on the market and diversify funds.
Step 8: Create comprehensive reporting
In order for a business to successfully cope with difficulties, it is important to adequately assess its position in the market, the ability to stand out among competitors, assets and liabilities, and their ratio. In this regard, close attention is required to the creation of reliable and complete reporting.
Stage 9: Developing a business development strategy
It is necessary to create a flexible, adaptive strategy that can change under the influence of external and internal factors. To develop such tactics for getting out of a critical point, an entrepreneur needs not only to perform diagnostics, but also to adjust business goals, and choose an alternative way to develop the situation when overcoming the aggravation.