Today is the last day to get Volume 1 of my business series, Managing Cash When You Haven’t Got Any: Practical Cash Flow Strategies for Small Business FREE for Kindle. Sign up for my newsletter to be notified of future sales.
Are you struggling to make payroll?
Are your vendors going unpaid and threatening to cut off your supplies?
Are your subcontractors refusing to work unless you pay them up front, worsening your already precarious cash situation?
Are your company credit cards and lines of credit maxed out, with no hope of borrowing more?
Are your employees getting irritable because you’ve reduced their benefits, and it’s been years since they’ve had a raise?
Are you getting irritable because you’re constantly worried about money?
Are you racking up interest and late fees on your debts, making it impossible for you to ever catch up?
Do you find yourself thinking, “I know we would be fine if only we could only get out of this hole!”
If so, the Managing Cash When You Haven’t Got Any series is for you!
You’ll find no abstract theory here, no conceptual finance; instead YOU WILL LEARN PRACTICAL, REAL-WORLD STRATEGIES FOR MANAGING CASH WHEN YOU HAVE NEXT-TO-NO-CASH TO MANAGE. I honed these strategies myself over ten years of handling the finances of multiple companies that were at serious risk of going under during the recession. The failing businesses survived, the borderline ones thrived, and the reason was clear to us all – it’s because careful cash flow management really can turn around a desperate business, even when it isn’t making enough money to pay its own bills and those of its owners.
In this first volume of the series, I address the issue of Dealing with Vendors. I’ll tell you HOW TO TALK TO YOUR VENDORS, what they really want to hear to keep your account going, how to ensure that you pay them just enough to keep them from cutting you off. I’ll tell you how to schedule outgoing payments so that they better fit with your incoming cash, and how to compromise with your vendors so that your payment schedule meshes better with theirs. I’ll explain the CRUCIAL IMPORTANCE OF HAVING A CASH MANAGEMENT PLAN and how having such a plan will ease the fears of your creditors even when you’re unable to pay them in full or on time. Finally, I’ll address how “BIG PICTURE” STRATEGIZING of your expenses and Accounts Payable can improve your cash flow, drastically reduce collection calls, and decrease strain on company personnel, making your business run more pleasantly as well as more successfully.
REMINDER: Today is the LAST DAY to get Volume 1 of the series FREE for Kindle. Sign up for my newsletter to be notified of future sales.