To do this, send out your invoices promptly, never waiting for two or four weeks after the goods or services have been delivered. Collect as quickly as you can, and avoid long-drawn out account receivables. While we have all been advised never to put all our eggs in one basket, maintaining a loyal client can help ensure the continuous flow of checks. Give the best possible service to your clients and offer them incentives to keep them coming back to you for more. Utilize your credit.
Credit can be an effective way of managing the flow of funds.
If you have credit cards, know when your card closes for the month. If your Visa closes on the fifteenth of each month, charge expenses on the 16th or 17th. This strategy is effective if you are short of cash, as it provides you with a whole month to raise the money to pay for the expenses. Market continuously . Marketing is a never-ending endeavor.