Your startup is experiencing a cash flow crisis. How will you navigate setbacks and stay focused on growth?
When cash flow crises hit startups, maintaining growth momentum is crucial. Here's how to steer through the storm:
- Re-evaluate expenses. Cut non-essential spending and negotiate better terms with suppliers.
- Accelerate receivables. Use incentives for early payments and tighten credit terms.
- Seek alternative funding. Explore lines of credit, angel investors, or crowdfunding options.
What strategies have helped you maintain growth during financial setbacks?
Your startup is experiencing a cash flow crisis. How will you navigate setbacks and stay focused on growth?
When cash flow crises hit startups, maintaining growth momentum is crucial. Here's how to steer through the storm:
- Re-evaluate expenses. Cut non-essential spending and negotiate better terms with suppliers.
- Accelerate receivables. Use incentives for early payments and tighten credit terms.
- Seek alternative funding. Explore lines of credit, angel investors, or crowdfunding options.
What strategies have helped you maintain growth during financial setbacks?
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