If current sales levels can't support your overheads and other cash demands, your business isn't viable in its current state. We can help you develop a plan to increase your sales & hold you accountable to doing so! #Cashflow
Jason Smith, FCA’s Post
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If current sales levels can't support your overheads and other cash demands, your business isn't viable in its current state. We can help you develop a plan to increase your sales & hold you accountable to doing so! #Cashflow
The seventh cause of poor cashflow - Sales levels are too low
chartwellpractice.com
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If current sales levels can't support your overheads and other cash demands, your business isn't viable in its current state. We can help you develop a plan to increase your sales & hold you accountable to doing so! #Cashflow
The seventh cause of poor cashflow - Sales levels are too low
chartwellpractice.com
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If current sales levels can't support your overheads and other cash demands, your business isn't viable in its current state. We can help you develop a plan to increase your sales & hold you accountable to doing so! #Cashflow #AubletCharteredAccountants
The seventh cause of poor cashflow - Sales levels are too low
public2.bomamarketing.com
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Improving your cash flow is more than just about making more sales. More sales can certainly help if your expenses are consistently exceeding your income, but sometimes more sales just means that you are doubling down on the problems that already exist in your processes. For example, if you're slow to invoice and you sell more, will that make you any quicker at raising your invoices, or will it just mean there is more to do when you eventually get around to doing it? If you have a crappy customer that doesn't pay you on time, ever, and you sell more to them, will that suddenly make them start paying you on time? In house-building terms, you wouldn't add another storey without checking the foundations could support it, so why would you do that for your business? Before you start setting goals to increase sales, make sure that your activity, from receiving an enquiry through to getting paid, is consistent, effective, and efficient and that you have a solid plan in place for when you don't get paid on time (it will still happen, even with the best processes in place!). If you build on shallow foundations, your business may come crashing down around your ears. Do you have the right foundations in place to grow your business? #smallbusiness #businessgrowth #cashflow #creditmanagement
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🌟 How about some Saturday inspiration? 🚀 Economic downturns don't have to mean downturns in your sales figures. Get inventive with deal structuring to keep sealing those deals and delighting your clients. 💼 Strategies to consider: 💡 Flexible financing or leasing options 💸 Deferred payment plans 🕒 Value-based pricing 🎁 Bundling products/services at a discount Get even more inspiration. Read the article from our Founder Seth Temko. Read it here 👇 https://lnkd.in/eT6GfUZN #SalesSuccess #EconomicUncertainty #CreativeDeals #BusinessGrowth #ClientEngagement
Unlock Sales Success: Navigating Economic Uncertainty with Creative Deal Structuring
hospitalityheadline.com
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When times are tough... get creative to keep cash flow flowing.
🌟 How about some Saturday inspiration? 🚀 Economic downturns don't have to mean downturns in your sales figures. Get inventive with deal structuring to keep sealing those deals and delighting your clients. 💼 Strategies to consider: 💡 Flexible financing or leasing options 💸 Deferred payment plans 🕒 Value-based pricing 🎁 Bundling products/services at a discount Get even more inspiration. Read the article from our Founder Seth Temko. Read it here 👇 https://lnkd.in/eT6GfUZN #SalesSuccess #EconomicUncertainty #CreativeDeals #BusinessGrowth #ClientEngagement
Unlock Sales Success: Navigating Economic Uncertainty with Creative Deal Structuring
hospitalityheadline.com
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Is your company doing everything it can to increase sales? Many businesses find themselves stagnating when they rely solely on upfront payments from clients. This typically results in short-term engagements that don't foster long-lasting relationships or significant growth. A great strategy that can combat stagnation is offering credit terms to customers. Extending credit not only strengthens the relationship with your clients by showing trust but also encourages them to make larger purchases than they would do if they have to pay up front. This flexibility often leads to increased sales volumes as clients feel more comfortable taking on larger amounts of debt when they know they have increased time to pay it back. If your company is experiencing sales stagnation it may be time to look into offering credit terms. Leave me comments if this is relevant to you
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Let’s talk about something super important in business - securing clients. It’s not just about getting people through the door. It’s about keeping the cash flowing. Here’s the lowdown: ✅ Steady Income Stream: Securing clients means you’ve got a steady stream of income coming in. It could be through contracts, retainers, or folks regularly buying your products or services. ✅ Goal Breakdown: Got big income goals? Break them down into smaller targets. Then, focus on securing enough clients to meet these goals. It’s all about keeping that cash flow steady. ✅ Client Retention: Getting clients is great, but keeping them? That’s where the magic happens. Happy clients stick around, providing a reliable source of income. Plus, they might even refer new clients your way. So, securing clients and keeping them happy isn’t just good business sense. It’s the key to a steady cash flow. It’s not just about making sales - it’s about building strong, lasting relationships with your clients. #BusinessStrategy #CashFlow #ClientRetention
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Is your company doing everything it can to increase sales? Many businesses find themselves stagnating when they rely solely on upfront payments from clients. This typically results in short-term engagements that don't foster long-lasting relationships or significant growth. A great strategy that can combat stagnation is offering credit terms to customers. Extending credit not only strengthens the relationship with your clients by showing trust but also encourages them to make larger purchases than they would do if they have to pay up front. This flexibility often leads to increased sales volumes as clients feel more comfortable taking on larger amounts of debt when they know they have increased time to pay it back. If your company is experiencing sales stagnation it may be time to look into offering credit terms. Leave me comments if this is relevant to you.
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Is your company doing everything it can to increase sales? Many businesses find themselves stagnating when they rely solely on upfront payments from clients. This typically results in short-term engagements that don't foster long-lasting relationships or significant growth. A great strategy that can combat stagnation is offering credit terms to customers. Extending credit not only strengthens the relationship with your clients by showing trust but also encourages them to make larger purchases than they would do if they have to pay up front. This flexibility often leads to increased sales volumes as clients feel more comfortable taking on larger amounts of debt when they know they have increased time to pay it back. If your company is experiencing sales stagnation it may be time to look into offering credit terms. Leave me comments if this is relevant to you
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