- Total posts: 55
This is a super common problem for businesses of all sizes, especially micro-small businesses so you’re definitely not alone feeling the cashflow pinch.
Great comments from all contributors. Ensure you invoicing and debtor management strategies are top notch. If the moneys not in your pocket then it’s in someones else’s, think of it as giving your clients an interest free loan. Simply invoicing is not good enough. Until it’s in your bank account it doesn’t exist.
It’s great that you are running a lean business and not excessively spending but the number one goal for any small business is to drive revenue. I just write a whole blog on this exact topic. Sometimes it’s not the fact of poor cashflow but not enough revenue driving in the door.
I do congratulate you on putting your hand out for help, because in this community, the tribe will always respond with guidance. Good luck.