23-05-2022 12:08 via electricalcontractingnews.com

3 quick tips to help improve cash flow in your electrical business

The most easily neglected but arguably most important part of business management is cash flow. While it is easy to get wrapped up in the day-to-day challenges running an electrical business, it doesn’t take long for cash flow mismanagement to catch up on you and create bigger problems. .
In fact, a study from a US bank found that 82% of businesses put their failure down to poor cash flow management.
Here are three tips to ensure that your electrical business runs smoothly and maintains pr
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