Purchasing strategy can help when cash is tight

08/15/2010 | Star Tribune (Minneapolis-St. Paul, Minn.)

For a small jewelry business that is working to grow, the answer to cash-flow problems is a smarter purchasing strategy, not opening a new credit card account or taking out a loan, writes Mike Ryan of the Small Business Development Center in Minneapolis-St. Paul, Minn. The key is to order inventory only as needed and negotiate for extended payment periods with suppliers.

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Star Tribune (Minneapolis-St. Paul, Minn.)

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