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So you asked us to make a video on how to manage cash flow in a business. Here’s the video in which you will all the tips and tricks to manage the cash flow of your BUSINESS. To keep running the business effectively, you need to manage working capital effectively.
Every entrepreneur struggles with the daunting task to manage the cash flow in the business. What really the challenge is to keep all the stages of a sales cycle running, be it production, lead generation, closing, etc. This financial advice (if implemented) will make the cash stay in your business for longer periods of time. This will enable you to have adequate cash reserves to carry on the day to day business activities and avoid short term business loan at a hefty interest rate. Despite having a robust cash flow management system in the business, you may still feel the need to extra cash, and for that, you do have an option to raise money from loans at a reasonable rate which is also discussed in the video.
Watch till the end to some new financial management for business and let us know how you liked it, in the comments.
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