Comments on: How To Increase Your Cash Flow – Entrepreneur University http://www.youngentrepreneur.com/blog/2008/10/how-to-increase-your-cash-flow-entrepreneur-university/ Fri, 20 Nov 2009 21:18:36 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Milan http://www.youngentrepreneur.com/blog/2008/10/how-to-increase-your-cash-flow-entrepreneur-university/comment-page-1/#comment-108353 Milan Mon, 03 Nov 2008 11:04:06 +0000 http://www.youngentrepreneur.com/blog/2008/10/27/how-to-increase-your-cash-flow-entrepreneur-university/#comment-108353 That is some bad advice that can hurt business and relations with both clients and suppliers. You speak of keeping only "good" clients and above it about paying your suppliers slowly. If supplier applies your theory that would make you a "bad" client in their mind. Also increasing the prices randomly, without researching the market or buying power of the targeted group ends up often in loss of clients and thus negative cashflow. That is some bad advice that can hurt business and relations with both clients and suppliers. You speak of keeping only “good” clients and above it about paying your suppliers slowly. If supplier applies your theory that would make you a “bad” client in their mind.

Also increasing the prices randomly, without researching the market or buying power of the targeted group ends up often in loss of clients and thus negative cashflow.

]]> By: Jackie http://www.youngentrepreneur.com/blog/2008/10/how-to-increase-your-cash-flow-entrepreneur-university/comment-page-1/#comment-107335 Jackie Wed, 29 Oct 2008 05:09:01 +0000 http://www.youngentrepreneur.com/blog/2008/10/27/how-to-increase-your-cash-flow-entrepreneur-university/#comment-107335 Casey, You have some excellent advice here. However, what sort of suggestions would you have for small business owners? It seems this process is best for businesses who already have a large customer base. I think it would be quite interesting to see how you would tweak your advice for small business entrepreneurs, and would also attract a large readership. I know Susan Friedmann is trying to do just that with her website, richesinniches.com, and it always helps to have advice from other experts in the field. Casey,

You have some excellent advice here. However, what sort of suggestions would you have for small business owners? It seems this process is best for businesses who already have a large customer base. I think it would be quite interesting to see how you would tweak your advice for small business entrepreneurs, and would also attract a large readership. I know Susan Friedmann is trying to do just that with her website, richesinniches.com, and it always helps to have advice from other experts in the field.

]]> By: Andee Sellman, One Sherpa http://www.youngentrepreneur.com/blog/2008/10/how-to-increase-your-cash-flow-entrepreneur-university/comment-page-1/#comment-106924 Andee Sellman, One Sherpa Mon, 27 Oct 2008 09:58:49 +0000 http://www.youngentrepreneur.com/blog/2008/10/27/how-to-increase-your-cash-flow-entrepreneur-university/#comment-106924 Good points Casey. Your point on pricing while being a good one can end up chasing customers away and then you have negative cash flow. Implemeting price increases requires more work than simply putting up the price. There are procedures you can use where you focus on things other than the price increase so that the customer is not confronted with a price increase but instead the unbeleivable added value that you are bringing to them Good points Casey.
Your point on pricing while being a good one can end up chasing customers away and then you have negative cash flow.
Implemeting price increases requires more work than simply putting up the price. There are procedures you can use where you focus on things other than the price increase so that the customer is not confronted with a price increase but instead the unbeleivable added value that you are bringing to them

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