March 23, 2011 – Homepreneurs, small business owners, and individuals have “inventory” sitting around in basements, garages, storage rooms, etc. These may be related to intended future projects, a business that didn’t work out or simply unsold product. What can be done with the extra “stuff” gathering dust and annoying your spouse, partner, employees or friends? The following article by Judith Aquino provides valuable suggestions for eliminating this problem and maybe bringing in some extra income.
Business is actually quite simple ― generate positive cash flow, and hopefully lots of it. In practice, however, it is a little harder to accomplish. Here’s some practical advice to improve your cash flow in the following five areas: Expedite Cash In, Optimize Cash Out, Increase Revenue, Decrease Expenses, and Save Taxes.