10 Strategies For Surviving A Cash Flow Slump
Rather, they stop because you have inadvertently ignored them. By simply reaching out to your disengaged customer base with an engaging marketing letter, three-step sequence and compelling offer, you should see an instant surge in sales and cash flow.~ Charles Gaudet , Predictable Profits 7. Consolidate Vendors We earned considerable discounts by consolidating all of our steel purchases through a single vendor and buying at higher volume. We now look to bundle whenever possible and not just for bread-and-butter items (weve even bought headsets in bulk).~ Sam Saxton , Salter Spiral Stair and Mylen Stairs 8. Restructure Salaries If your startup is experiencing a cash flow slump, consider restructuring salaries to be a lower base with a higher The Elevation Group bonus or commission payout.