Every business aims to keep its cash flow positive to survive and grow. How does a startup business get through tough times, when cash flow is negative? The answer is in proper cash flow management.
Here are five ways to manage your cash flow and finance your cash-strapped business.
What to Do If Your Business Has a Cash Flow Deficit
Being cash-strapped simply means having cash inflow that doesn’t meet the obligations of cash outflows. It’s inevitable in the early stages of any company, but the goal is to minimize the time your business is operating with negative cash flow, and conserve cash as effectively as possible until significant revenue starts coming in.