A company's financial performance can be improved in several ways. Of course, trying to identify any roadblocks or friction points—and the source of these problems—is the first step. Other strategies include: Improving cash flow: keep better track of income/outgoes, step up collection of accounts receivable, adjust payment options and prices if necessary Selling unwanted/unused assets Revamping budgets Reducing expenses Consolidating or refinancing current debt; applying for government loans or grants Analyzing financial statements and performance indicators, ideally with a professional's help