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Sandip Kaur
Hey I am on Medial • 11m
Mastering Cash Flow: Simple Strategies for Indian Startups Cash flow can either make or break your startup, and managing it well is critical. Here are some practical tips to help your startup thrive financially: 1.Separate Business and Personal Finances:Mixing them up can lead to chaos. Open a dedicated business account to keep everything organized. 2.Negotiate Payment Terms: Negotiate longer payment terms with suppliers and shorter ones with clients. This keeps your cash flow healthy without burning through reserves. 3.Use Cloud Accounting:Tools like Zoho Books and QuickBooks automate finances, giving you real-time insights into cash flow, expenses, and profits. This helps you spot issues before they become crises. 4.Build a Cash Reserve:Set aside a percentage of your revenue as an emergency fund. It’ll be your lifeline during tough months. Managing your cash flow is all about staying ahead. Make smart financial decisions now, and your startup will be ready to face anything!
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