Michael Giannulis shares useful tips for cash flow management for small businesses
In the long-run, free-cash-flow management, debt financing, and equity are the ideal sources to attain a working capital. However, sometimes all of these options may not be available to every business owner. This is especially true for small business firms; hence the need to decide on ways for managing their cash-flow effectively.Smart tips by Michael GiannulisAccording to the entrepreneur Michael Giannulis, effective cash-flow management strategies to help small business companies drain their working cash are:A milestone paymentSmall business companies whose service or product needs a tremendous amount of effort or cash to get started may need a milestone payment from their client. Web designers, PR agencies, graphic designers, marketing agencies, and sometime construction...