Six Powerful Ways To Accelerate Cash Flow
Protecting your company's cash position and cash flow is critical to survival. The old adage that "CASH IS KING" is still true today. In today's economy where uncertainty is rampant, many businesses are having problems just staying alive, let alone growing. The outlook for the economy rebounding over the next two years isn't that optimistic either. The Wall Street Journal, Wells Fargo Bank and the University of Michigan all are predicting modest growth for the next 2 years: 2.1% in 2010 and 3.2% in 2011.
What do you do? Here are 6 steps you can take that will have immediate and positive impact on your ability to maintain positive cash flow:
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Is Obama's Leadership Reflective of Most Business Owners? 31 Questions to ask yourself as you plan for next year By Dan Lacy
Last night I was watching the news thinking about our troops in Iraq and Afghanistan. The generals say they need more troops and our current "commander in chief" is taking a "wait and see" attitude. Maybe you are related to one of those soldiers and they are working for a commander who doesn't have a plan for success in their theatre of operation. How would you rate that commander....who doesn't have a plan? A commander who squandered blood, sweat and tears without a strategy?
As the Commander of your company, what is your battle plan for 2010? Do you even have one?
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