A common problem in business is losing a lead. In simple terms, generation is good but conversion is on life support. Without immediate surgery, the company is going to struggle for the foreseeable future. Let’s take a look at the options on the surgeon’s table. Hopefully, they lead to new blood coming into the business.
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Starting a business might seem like something which only wealthy people are able to do, but this actually is not the case at all. Many people who have families and a full time job start a small business from their coffee table. It is purely a case of understanding the costs of different types of business and knowing where you put skills and passions really lie.
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Every small business at some time starts to experience a lack of available cash into its coffers, through many causes –having too many product orders to fulfill, keeping employees’ salaries in line with inflation, needing to rent more office space, even keeping disgruntled clients and customers happy by offering discounts. What is the solution to these everyday business problems? You guessed it, regular cashflow - it’s the lifeblood of any business. We are looking into how you can quickly deal with the ebb and flow of cash into your business.
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