Keeping the Cash Flowing

Small business owners today are looking for ways to stay in business with this tough economy. Here are a few ideas for business owners to keep the cash flowing. Raising your prices seems like the typical thing to do with the favorable thing is that people buy what they normal do and no one says anything about the prices.
Make an effort to find those old customers and have a way to bring them back. Offer incentives for their return business like a free gift for just returning your call. Another idea is to pay slowly to your suppliers. As them for an arranged time frame.
If your business has sales people, hand them a list of things the can offer your customers as a way to add onto their purchase. Be a little picky with who you do business with. Speak with them about trading terms and find one that is fits your business. Those who pay quicker will of course be helping your business, so stick with them and let go of the slower paying relationships. Look over your marketing campaigns and see if they are still profitable. Drop those that do not generate income. Take time to test everything as it will benefit you in the long one to know which one to keep and which to drop.