10 things SMEs must do now to reduce costs and improve cash flow

SMEs must do now to reduce costs and improve cash flow

1 Prepare your cash flow forecast. 2. Renegotiate with your suppliers

3 Talk to your bank. 4 Consider invoice factoring

5 Offer dicount vouchers 6 Convert fixed costs to variable costs. 7 Reduce your variable costs.

8 Negotiate with your emplyess 9 Reduce employee cost

10 Apply for these COVID-19 financial aid programmes

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