Sweep accounts. This will allow you to earn interest on any excess cash balances by transferring the funds into an interest-bearing account
Overhead. Assess your overhead costs and see if there are opportunities to decrease them lowering overhead has a direct impact on profitability
Accounts received. Monitor accounts receivables effectively to ensure that you are billing your clients properly and that you're receiving prompt payments
Accounts payment. Negotiate longer payment terms with your vendor whenever possible to keep your money longer
Wincate 1 answered the question on October 17, 2017 at 05:30
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