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From course:

National 5: Business Management

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Question:

Name cash flow solutions

Author: Marilyn Bob-Manuel 3ekt



Answer:

Launch an advertising campaign to remind customers about your product to increase sales switch utility supplier to find a better deal negotiate with supplier for a better deal for raw materials/ or switch to a cheaper supplier have a meeting with the bank to discuss charges and arrange a payment plan pay for new technology with hire purchase so full price is not paid up front (or leasing) train staff to be multi skilled so they can cover future staff absence


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