Negotiate to Address Cash Flow Problems
Here are some surprising opportunities to negotiate savings
Cash flow problems kill small businesses every year. Wouldn’t it be nice to cut some costs and give your company more room to grow -- and yourself less reason to worry?
Research from CB Insights found that 29 percent of companies that fail do so because they run out of money. Some businesses fold because they don’t raise enough investor capital, but they often go under because they pay too much for things they need. Employees, leases and vendors are expensive necessities. To make the most of every investment, you need to know when -- and how -- to negotiate better prices.
Negotiations aren't just for sales teams. Business owners can save significant amounts of money by using negotiation tactics in some unusual places. Consider negotiating in these areas to help cut your costs.
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