Celebrating the Spring Holidays

PayPal Small Business Tips for the Holidays: Manage Your Cash Flow

PayPal Small Business Tips for the Holidays: Manage Your Cash Flow



what can make or break your business's holiday sales how about cash cash is pretty important so here are three steps to help you determine how much funding your business needs to land in the black number one forecast your cash flow needs through the end of the year use last year's sales to estimate your expenses consider things like shipping additional inventory seasonal help and even marketing to talk to your suppliers if you're able to negotiate more credit or discounts then do it and get it in writing you should also speak with your shipping providers and agree on rates before the holiday season starts finally include those one-time expenses like income tax in your cash flow estimate revisit your existing lines of credit decide if it's enough remember to have reserves available for unexpected expenses look the holiday season can be one of the most profitable times of the year for small businesses just make sure you've got the cash flow your business needs for success you


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