For your business to be stable, your revenue stream needs a minimum level of predictability.
That’s where smart, proactive cashflow management comes in.
As a small business owner or entrepreneur, you have to have a plan for the ups and downs, for all the circumstances outside your control that can affect your business. And the better you utilize the ups, the less damaging the downs will be.
Coronavirus won’t be the last crisis.
Something else will go down, because it always does. The current situation is crazy, but it isn’t unique. The sooner you crazy-proof your business, the better.
Today, we’ll lay out the exact steps you can take to fortify your business against…whatever. With a few simple strategies and a little forward thinking, you can be the one who rides out the next crisis with calm, confidence, and stability.
Remember what the businesses who aren’t broken have in common, besides luck: preparation. Click Play!
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The post MBA1499 How to Manage Your Cash Flow During a Crisis appeared first on The $100 MBA.