Middletown Ohio


Find us on
 Google+ and Facebook


 

Home | Yearly News Archive | Advertisers | Blog | Contact Us
Tuesday, March 19, 2024
FORUM CITY SCHOOLS COMMUNITY
  New Posts New Posts RSS Feed - 7 Tips For Improving SMB Cash Flow
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

7 Tips For Improving SMB Cash Flow

 Post Reply Post Reply
Author
arwendt View Drop Down
MUSA Official
MUSA Official


Joined: May 17 2007
Location: United States
Status: Offline
Points: 588
Post Options Post Options   Thanks (0) Thanks(0)   Quote arwendt Quote  Post ReplyReply Direct Link To This Post Topic: 7 Tips For Improving SMB Cash Flow
    Posted: Jun 20 2013 at 11:21am

By Quincy Miller, Executive Vice President Head of Sales for Business and Commercial Enterprise Banking for RBS Citizens Financial Group, Inc.

According to the Small Business Administration, more than half of Americans work for or own a small business. As a result, small businesses are responsible for nearly two in every three jobs created in the United States each year.

Most successful small businesses, regardless of industry, have a number of things in common. They have strong cash flow, they understand the competitive landscape in their industry and geographic region, and they have plans and the ability to deal with a range of variables in their industry and the overall economy. 

Successfully managing cash flow is one of the most important yet under-appreciated challenges faced by small businesses. Companies that have accelerated their receivables, streamlined their payroll and established more-advantageous payment terms and processes with their vendors, suppliers and customers have a definite competitive advantage in today’s marketplace, no matter their business.

Continued here.

“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down



This page was generated in 0.078 seconds.
Copyright ©2024 MiddletownUSA.com    Privacy Statement  |   Terms of Use  |   Site by Xponex Media  |   Advertising Information