cash outflows and inflows

Cards (2)

  • How can a business reduce cash outflows?
    De - stocking - reducing stocks
    Increase credit from suppliers - ask to pay for supplies months later (negative - can damage your relationship and reputation)
    Reduce spending
  • How can a business increase cash inflows?
    Decrease credit given to customers - ask customers to pay sooner
    Increase promotion and advertising
    Offer new products / services