Facing cashflow pains as an SMB? Follow these 5 simple tips

Key takeaways

Cashflow is generally a top-of-mind issue for SMBs, but it may become even more of a concern with a recession looming ahead
SMB owners should plan early and take steps to improve cashflow so that they can minimise any impact a potential recession may have on their business.
Some tips to boost cashflow include finding new and diverse revenue sources, digitalisation of essential processes and unifying communication into a single platform to avoid unnecessary SaaS subscription costs.

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