Cash flow problems can cause major disruptions in the daily operations of a business. This is especially true if a small business isn’t bringing in enough new customers or clients to stabilize their finances.
While a lack of money can be the result of external market factors, it’s important to look inward first to see if you can solve your issues with some internal tactics. We asked a group of Forbes New York Business Council members to share their tips for promoting stable cash flow and earning new business when money is tight.
Build Your Personal Brand And Use It As A Selling Point
All directions point back to personal branding. Your small business is a personification of you. Clients and prospects are ultimately buying your services or products based on your market brand awareness, credibility, expertise, and content. As you generate more cash flow, invest back into your personal brand. This approach will ensure that you rise above the noise. – Scott Amyx, Amyx Ventures
To read the full article, visit Forbes: https://www.forbes.com/sites/forbesnycouncil/2019/07/01/is-your-business-not-earning-enough-seven-ways-to-address-your-cash-flow-issues/#7702037537ad
About Scott Amyx
Managing Partner at Amyx Ventures, Top Global Innovation Keynote Speaker, TEDx, Forbes, Singularity U., SXSW, IBM Futurist, Tribeca Fellow
