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comes in versus how it goes out. Take two hours, and use your QuickBooks or check register to get a grasp of this monetary movement.
2. Trim the fat—When cash flow is good, “fat” tends to accumulate. Now is the time to look at where your money is going and eliminate unnecessary items. This includes the business Hummer, that expensive copier lease and the T1 connection instead of basic cable modem. You may need to make some tough decisions about eliminating employees. It’s critical that you get your cash outflows to a manageable level ASAP.
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