E62: 8 Levers to Improve Your Cashflow

Is cashflow an issue in your business right now?

 

Here are 3 levers you can pull to increase your incoming cash:

 

1. Increase prices
2. Sell more
3. Get paid faster

 

Here are 5 levers you can pull to reduce outgoing cash:

 

1. Reduce people costs
2. Reduce cost of purchases
3. Pay others slower
4. Reduce stock
5. Reduce cost of debt

 

We talk about how to use these levers in today’s episode of De-stress Your Business.

 

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Helpful resources:

 

- The Business Leader’s Guide to Improving Cashflow (ebook): https://airmanual.link/cashflow/ebook

- Upcoming AMA (“Ask me anything”) on cashflow with Alexis Kingsbury: https://airmanual.link/cashflow/webinar

 

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Want to learn more? Join our weekly webinar and we'll show you how to free up 15 hours per week and remove the constant stress of running a business, without slowing down growth. Visit www.airmanual.co/webinar for all the details!