Cash crunch
Have you experienced a cash flow crunch, and what did you do?
Cash flow crunches are common, especially for seasonal businesses.
Vendors often respond by reducing expenses, delaying nonessential purchases, negotiating payment timing, and finding ways to generate short-term revenue. Afterward, many improve planning by building reserves or tracking cash flow more closely.
Crunches are stressful, but they often lead to stronger financial habits.
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