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Cash Flow Crisis - Coggle Diagram
Cash Flow Crisis
accelerate TRs
send invoices earlier
:check: immediately after delivery
:red_cross: a day in a month
send invoices frequently
:red_cross: full completion
:check: up to the point
deposits / up-fronts
:check: before deliver goods / services
:red_cross: gross $ in 1 invoice
scour past due acc
:
partial payments
every cents count
alternative payment methods
convenient
negotiate TPs
purpose
:arrow_down: / delay COs
:arrow_down: strain on WC
how?
good supplier relationship
ask
payment reduction
be honest
negotiate - delayed payments
sell X essential assets
sell once
quick fix
cash out > cash in
adjust business plan - improve PM
inspect
expenses
identify waste
products & services
optimise price structure
operation
employees
clients
CPA
consider borrowing option
understand IR
raise capital
sell ownership
new business partner
slash expenses
how?
pririotize
keep costs
operational
generate revenue
scrutinize every 1 penny
