by Michael Eckstein | Aug 28, 2021 | Cash Flow, Invoicing
Search for bottlenecks in your invoicing process Improving cash flow seems simple on the surface. You just speed up invoice collection, slow down bill payment, and make sure you have capital available for emergencies. But, that’s easier said than done. Textbook...
by Michael Eckstein | Aug 21, 2021 | Pricing, Strategy
Worry about your business and not ‘what the market can bear’ when increasing prices When discussing pricing, people frequently mention ‘what the market can bear’ (aka the max people will pay for your product/service) as the upper threshold....
by Michael Eckstein | Aug 14, 2021 | Cash Flow
Improve your cash flow by collecting client payment info during contract signing At its core, improving cash flow has a lot to do with the timing and availability of cash in your business. That’s why mega-corps will delay paying bills for as long as possible,...
by Michael Eckstein | Aug 7, 2021 | Cash Flow
Proactively look for surprise expenses to improve your long-term cash flow Proactively managing cash flow is more than just enforcing payment terms, delaying your cash outflows, and building a tiny emergency fund. You should also be actively looking for potential cash...
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