As we’ve discussed in the last several weeks, the economic uncertainty of today makes it especially important for landscaping companies to strengthen their cash positions. In this week’s Great Idea, The Grow Group’s Vince Torchia shares three more practical tactics you can take now to do just that:
Again, to review:
Put your company’s expenses on a credit card. This gives you an extra 30 days to pay, enables you to earn points on purchases, and puts the credit card company between you and your bank if you ever have a dispute.
Accept credit cards from your clients. Money today is worth more than waiting 30 days for it.
Ask for better payment and deposit terms with your vendors and clients. As Grow Group executive coach Jim Cali always says, you don’t get what you don’t ask for.
Looking for more ways to win at business now? Check out the recording of Marty’s webinar on sales and marketing with Kevin Kehoe from The Aspire Software Company.
Stay safe and have a great week!
The Grow Group