Achieving positive cash flow requires strategic planning and effective financial management. Here are some strategies:
Revenue Management: Focus on increasing sales and revenue streams. Diversify your product offerings and explore new markets. Expense Control: Monitor and control your expenses. Look for ways to reduce costs without compromising on quality. Efficient Billing: Implement efficient billing and collection processes to ensure timely payment from customers. Inventory Management: Optimize inventory levels to prevent excess stock and reduce holding costs.