Daily cash flow seems to always be a concern for the small business owner. The delicate balancing act of managing revenue and expenses can be downright stressful. With so many traditional lending sources having more stringent criteria in today's economy, have you found unique solutions to fund your daily operations? How are you managing cash flow?
I think a large number of small business owners manage cash discrepancies with credit (if they have exhasted functional solutions of addressing what is causing this problem).
Maybe you could better describe the nature of your issue or how long your cash-poor periods run? I know American Express and small business lines of credit (you sound like you did not have success with this option) are a cornerstore of small business finance.....especially in the beginning.Publié le 09/06/13
Thanks for your response Matt. I actually haven't had this issue yet, thankfully. I believe in researching potential contingencies well in advance of a need, hence the question. Just seeking general knowledge of how cash flow issues are handled by other small business owners.Publié le 09/06/13