What can you do to get more cash?
Business owners know that when the business makes a profit, it does not always have lots of cash. There might even be a deficit—while making a profit for the month, the business can still be short of cash. This is annoying, and, to some owners, somewhat mysterious.
Oftentimes, however, there is a solution to this problem, and it is within the control of the business and is relatively easy to accomplish.
But first, let’s look at the general ways that an owner can get cash in the business; there are four of them. And they’re all under the owner’s control, although some are easier to accomplish than others.
First, the owner can put more of her personal funds into the business. But when we talk with owners about ...
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