Merry Maids Franchise Business Review
Based on my last post, we talked about cash flow and how important it is in our business start up. This time we will talk of the simple strategies and business ideas to increase your cash inflow.Actually, I've combined the personal lessons that I have learned in my business as well as from the books that I have read.1. There are many ways to improve your cash flow just by little tweaks on business entity for being a corporation. Focus efforts on sales, marketing, and cash conversionOnce you focus on sales and marketing, it is expected the gross revenue will increase. But the problem with most business start up is that they are awed by high sales yet, their cash conversions are still very low.Converting your sales into cash that can be used in your business start up is what is important and not just mere sales and marketing. Create a business model that allows you to earn money over and over again.A very common business model is real estate. Monitor your cash flowI think this is one of the important things to do as a business owner.
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