Solutions for StartUp Cash Flow Problems

StartUp Cash Flow ProblemsWHAT SHOULD YOU DO?

fas-accountingsolutions.com

You're NOT in business to just

breakeven.


fluctuatesWHEN YOUR CASH FLOW


FIND WAYS TO PAY

YOUR BILLS

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Find out what's causing your cash flow problem When you are spending more

than you earn, you have a real cash flow problem. But there could be other reasons causing your cash flow problems.


Commoncauses ofcash flowproblems

Low profit Seasonal demandHeavy investment lossesOver-investment / over-spendingHigh customer debtFast expansion Over-stocking


FinancingSolutions

to cashflow

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Additional revenue stream

W H E N C A S H I S L O W , G E T Y O U R C R E A T I V E C A P O N

A N D F I N D O T H E R W A Y S Y O U C A N M A K E M O N E Y .

M A Y B E Y O U C A N C O M E U P W I T H N E W P R O D U C T S O R

S E R V I C E S T O O F F E R .


Short-term business loans

T H I S T Y P E O F L O A N E A S I L Y G E T S A P P R O V E D B U T

M A I N T A I N S H I G H I N T E R E S T R A T E S . B E S U R E Y O U

A R E P R E P A R E D T O P A Y I T B A C K .


Get trade credit from vendors

B U I L D E X C E L L E N T R E L A T I O N S H I P W I T H Y O U R

V E N D O R S A N D A S K T H E M F O R T R A D E C R E D I T . M A K E

S U R E T O P U T T H E M O N T O P O F P R I O R I T Y F O R

P A Y M E N T S


Apply for line of credit

S M A L L B U S I N E S S L I N E O F C R E D I T A L L O W S Y O U T O

P A Y O N L Y T H E I N T E R E S T O N Y O U R C U R R E N T

O U T S T A N D I N G B A L A N C E . O N C E Y O U P A Y , Y O U R

A V A I L A B L E C R E D I T B A L A N C E I N C R E A S E S .


“Borrowing can be a solution for certain cash flow problems,

but there are times when borrowing can actually make cash flow problems worse”

~Ty Kiisel


Non-financing

solutions tocash flowproblems


Optimize cash inflow

G I V E A W A Y I N C E N T I V E S F O R A D V A N C E P A Y M E N T S .

A U T O M A T E Y O U R P R O C E S S A N D S E T - U P B I L L I N G

R E M I N D E R S S O Y O U D O N ' T M I S S P A Y M E N T S . A L S O

A C C E P T O N L I N E P A Y M E N T S F O R C U S T O M E R E A S E .


Control cash outflow

B E F R U G A L W H E N S P E N D I N G F O R R E C U R R I N G

C O S T S . R E D U C E Y O U R E X P E N S E S A N D C U T B A C K O N

N O N - E S S E N T I A L I T E M S .


Create a yearly budget

W H E N Y O U P L A N Y O U R M O N T H L Y B U D G E T F O R T H E

W H O L E Y E A R , I T I S E A S I E R F O R Y O U T O S E E H I G H

C A S H M O N T H S W H E R E Y O U N E E D T O B U I L D O N

S A V I N G S T O A V O I D L O A N S O N L E A N M O N T H S .


Apply smart pricing

U N D E R S T A N D Y O U R C O S T S A N D A P P L Y S M A R T

P R I C I N G S T R A T E G Y . E I T H E R Y O U I N C R E A S E T H E

C O S T O F P R O D U C T S W I T H L O W M A R G I N S O R D R O P

T H E P R O D U C T C O M P L E T E L Y . K E E P P R O D U C T S T H A T

B R I N G Y O U H I G H P R O F I T M A R G I N S .


Control your inventory

B E C A R E F U L A N D M O N I T O R Y O U R I N V E N T O R Y L E V E L

S O T H A T Y O U D O N ' T O V E R S T O C K . I T I S B E T T E R T O

K E E P Y O U R C U S T O M E R S E A G E R F O R N E W S T O C K S

T O A R R I V E T H A N L E T S I T L O T S O F S T O C K S I N S H E L F

F A R T O O L O N G T O D U S T .


bottomline


Solving your cash flow problems begins with identifying the

cause of the problem. There are multiple solutions and you

have to be smart in your business decisions from pricing

strategy, to invoicing, cutting back expenses, and even

taking loans for immediate cash.

If you are not sure, it is best to consult a trusted accountant to help you figure out your cash flow problems.

Business

Solutions for StartUp Cash Flow Problems