5/30/2013

Paying your business' bills late is a serious problem, but paying them too early can also restrict your cash flow, Ed Powers writes. "By managing the terms of your bills, and understanding which ones need to be paid quickly or not, you can increase the cash that stays in your business," he notes. Among Powers' other cash-flow tips are to speed up your collections if possible and to be cautious about buying real estate.

Related Summaries