How can I manage cash flow in my seasonal business?
Managing cash flow in a seasonal business involves planning for fluctuations in income and expenses. Have you considered creating a cash flow forecast?
What should I include in a cash flow forecast?
You should include projected income from sales, fixed and variable expenses, and any seasonal trends that affect your business.
How can I save money during off-peak seasons?
Consider reducing overhead costs, negotiating with suppliers for better terms, and exploring alternative revenue streams during off-peak times.
Are there any tools to help with cash flow management?
Yes, there are several tools like QuickBooks, Float, and PlanGuru that can help you track and manage your cash flow effectively.
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