Reduce the price of some stock to sell it off quickly - The business has spent too much money on stock that has not been sold, Give customers discounts to encourage them to pay quicklyWrite to customers to reduce their credit limit - Giving customers too much time to pay their debts, Write to customers to reduce their credit limit - Allowing customers to have a high credit limit., Increase the selling price - Not receiving enough money from sales, Ask suppliers for a longer credit period - Not receiving enough time to pay bills from suppliers, Owner to take a fixed wage and limit drawings to the end of the year - Owners taking too much money out of the business (drawings), Buy assets on hire purchase - Purchasing large amounts of ASSETS (vehicles, machinery etc).,
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Cash flow problems & solutions
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