Some people say you need to spend money to make money, and while spending money on big marketing campaigns can certainly help businesses, it isn't the only way. There are plenty of alternative ways to grow your business without breaking the bank. With some smart planning and creative strategizing, you can increase your sales and grow your customer base without spending much—if anything—at all. Below, 12 members of Forbes Business Council share some of the best free and low-budget strategies they know to increase business cash flow. Members of Forbes Business Council share strategies for increasing business cash flow. 1. Automate Payment Collections Automating your payment collections. If you typically use an invoicing system to bill clients and have to wait for payment, you may consider setting up automatic payments, such as recurring ACH or credit card transfers. Additionally, if you typically bill in arrears after work has been performed, changing to requiring either ...
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