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Of course, the best way to improve your cash flow, and in particular to improve your accounts payable situation, is to minimize your business's operational expenses and to make sure that you make the most efficient use of every dollar you spend.
Today, businesses of all sizes are spending more and more time trying to cut expenses to improve the bottom line or just to remain competitive. Your business should be doing the same. To get you started we're offering a few suggestions that may help you minimize some of the expenses you may incur in your business:
- service contracts
- cooperative advertising
- outside bookkeeping services
- stop the weekly payroll
- outside payroll processing