10 Tips on How to Run your Business.pdf

10 Tips on How to Run your Business.pdf - 10 Tips on How to...

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10 Tips on How to Run Your Business 1. Make your bank work for you. Run your small business with financial efficiency by exploring all the options that banks offer small business owners and choosing the right bank for your business' financial plan. Many financial institutions offer accounts with low fees, loans with discounted rates or free direct deposit programs for small business account holders. 2. Consider using a credit control app that helps small businesses improve their cash flow through better management of day-to-day cash collection and customer credit control tasks. This would allow you to take-on new customers or monitor existing ones, chasing invoice payment or running cash collection more safely. 3. Meet with your local Small Business Development Center Every DTI center has a SME Center it is advisable to ask assistance in terms of planning your vision. They can help you create a stellar business plan to approach a lender with and their counseling is always free.
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