3 PROVEN STRATEGIES FOR SMALL BUSINESS OWNERS TO INCREASE CASH FLOW DR . TERESA R . MARTIN
However , if you ’ re willing to work hard and have a good plan , there ’ s no limit to how far you can take your small business . Luckily , there are many ways to increase your current cash flow and free you from the threat of financial disaster .
Consider these strategies to increase your cash flow :
1 . Collect feedback . Many small business owners forget the importance of soliciting feedback from their clients . There are several effective ways to find out what your clients think about your products and services .
• Ask the client to fill out a quick survey or questionnaire to rate various aspects of your business . These surveys can provide an excellent glimpse into your client ’ s point of view . There are many different websites that enable you to create simple surveys . Look online to find one that meets your needs .
• Follow up with your clients with a phone-call or email asking for comments about your products or services . Inquire about which aspects they are satisfied with and which need some work .
• Talk to your clients in person and ask them how they feel about their experiences with your business .
• Remember , word of mouth is one of the best ways to advertise your business . If you have a bunch of satisfied customers , they ’ ll tell their friends and family about their positive experience and you ’ ll get more business .