5 Tips For Increasing Positive Cash Flow

Need cash? Let's look at five strategies you can utilize anytime you need to bump up the numbers.


Every business wants more money, but there are times when this goal becomes more urgent. Maybe you need more funds to update your computer equipment, or head to a conference to make new contacts. No matter your reasons, here are five tips for increasing your positive cash flow.

Tip #1 - Get The Word Out
One of the best ways to drum up new business is to make sure your potential clients and customers know exactly what you do. Spend some time getting the word out. Take out an ad, write a column for the local paper, connect with prospects on social media, record a few YouTube videos, or head to your local Chamber of Commerce networking meeting.

Tip #2 - Make It Easy To Say Yes 
Often the first sale is the hardest. Make it easy for your new prospects to say yes and do business with you by offering them a special or bundle. Throw in extra support or a bonus product. Give them a money back guarantee. Offer a discount if they buy today. Get them to make that first sale and get on your customer list.

Tip #3 - Call Up Your Top Clients
Speaking of customers, it's often easier and quicker to get more sales from current clients than it is to attract new ones. Make sure you spend some time getting in touch with your best customers and find out what else you can do for them.

Tip #4 - Ask for Referrals
Take care of your current customers and clients and impress them. Then ask them to refer you to their colleagues and peers. Word of mouth referrals are the best type of advertising and there's nothing wrong with encouraging your happy clients to do this for you.

Tip #5 - Cross Promotion
Once you've tapped your local market, your clients and their circle of influence, it's time to branch out. A great way to do that is via a cross promotion. Find someone with a business that complements yours. Then suggest the two of you do a cross promotion. You promote their products to your customers and they'll do the same for you. Everyone wins.

Give a couple of these tips a try and see if you can't drum up a little extra business. 

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