Tag Archives: finances

9 Ways to Keep the Cash Flowing

Times are tight in the US economy, and no one is more aware of this fact than small business owners. But don’t despair! Here are 9 expert-tested ways to keep the cash flowing even in an economic downturn.

1. Raise Prices. This is a no-brainer, right? If you need more money then just charge more for your product or service. The ideal result of an increase in prices is that nothing happens. Your customers keep purchasing what you have to offer and you don’t hear anything about it. The less ideal scenario is that some customers may go elsewhere, but don’t let that stop you. Increasing your prices by 5% or 10% provides more profit and an increase in cash flow.

2. Find Old Customers and Invite them Back. Once you’ve gotten contact information on your customers, contact them regularly. Invite them to do business with you again, and give them…
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10 Holiday Marketing Ideas that Won’t Break the Bank

Holiday season is just around the corner and you’re probably busier than ever. But take some time to do some extra-special holiday marketing in anticipation of your customers’ holiday generosity and enthusiasm. Even Scrooge will love these great ideas for sprucing up your small business marketing during the holidays.

1. Scratch Their Backs and They’ll Scratch Yours. Examine your business and see what opportunities you have for allowing your customers to get a reduced rate on your products or services by participating in the process. One mechanic told his customers that he would…. Continue reading

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