Founder Views

Some people are born with certain skills and intuitions that come naturally. There are no guides, rules, or courses for managing cash flows in a small business. Although there are certain things anyone can do to help with cash flow, the majority of it is through intuition and deep understanding of the business. I also believe it would be very difficult to train someone to manage cash flow successfully. Below are 10 tips on how to better manage cash flow, in no particular order. Keep in mind, that these tips are coming from the perspective of a bootstrapped founder, whose company is 100% revenue-financed. A funded company with more cash to burn will most definitely have alternative views on spending. Go freemium for as long as possible When starting out, you’re going to need a few necessary apps to manage your business. The good news is that most come in freemium plans. You should be able to get away with freemium versions while your company is still young. Only pay for apps when you can truly see the value