TIPS ON HOW TO STAY AFLOAT
1. Bank loans...
Restructure your
loans to longer
repayment period
and lower interest
rate.
2. Rental...
Request for deferment of rental
payments or
reduced rate.
3. Expenses...
Review list of expenses-line by line.
Avoid expenses
that do not add
value to your
products or
services.
Look for cheaper
substitutes.
4. Explore other
products or
services you may
offer to your existing customers.
5. Negotiate for longer payment term from
your suppliers.
6. Consider " You Order, We Deliver"
model.
7. Redo or review your
Cash Flow Statement and Income
Statement monthly.
Match your monthly sales projection to
your Daily Cash
Outflow.
STAY CASH POSITIVE
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If you need assistance,kindly visit MBCCI OFFICE or call
4343842..or 7075038
Agri-aqua/ Profession / Association / Industry
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