7 WAYS TO INCREASE THE PROFIT MARGIN BY MANAGING CASH FLOW
                     7 WAYS TO INCREASE 
THE PROFIT MARGIN 
BY MANAGING CASH 
ht tps : / / t roveworks .com
FLOW
Table of 
TCOPoICS nCOVtEeREDnts
Different ways to Manage Cash 
Flow
1.Understand the Difference
2. Liquidate Unwanted Tools & 
Machine
3. Sell Trendy Products or Services
4. Create Strategy For Accounts 
Payable
5. Manage the Cash Reserve
6. Stop Piling Up Unpaid Invoices
7. Invoice Financing
Contact Us
1.Understand the 
Difference
First of all, all business owners should 
understand the difference between 
cash flow and earned profit. It is not 
possible to determine the cash flow by 
identifying the profit of your business. 
The cash flow is dependent on 
enormous factors such as accounts 
receivable, account payable, 
expenses, taxes, etc.
2. Liquidate Unwanted Tools & 
Machine
You should thoroughly inspect your 
office space and create a list of tools 
and machines inside the workplace 
that are not of any use. You should 
also check the inventory that has not 
sold yet. You should immediately sell 
the unwanted tools and inventory so 
that you can get some cash in your 
hand.
3. Sell Trendy Products or 
Services
The best way to increase the cash flow 
in your business is to sell those items 
that are in high demand. You should 
do a market survey and determine the 
demands and requirements of people. 
You should offer those products or 
services to the people that can make 
their life simple and upgrade their 
living standard. 
4. Create Strategy For Accounts 
Payable
The payment to vendors and suppliers 
play a vital role in the business. 
Vendor payments also play a huge role 
in the cash flow of your business. It is 
imperative to maintain the balance 
between the account receivables and 
account payable. An 
automated accounts receivable softwa
re
 can be beneficial to maintain cash 
flow.
5. Manage the Cash 
Reserve
You should maintain some reserve for 
the bad time. The cash reserve will 
help to keep your business operational 
during the time of recession. You can 
easily cover up the gaps with the 
reserve. If you want to apply for the 
business line of credit, then the cash 
reserve can help you to get approved 
instantly.
6. Stop Piling Up Unpaid 
Invoices
A good way to maintain the cash flow 
in your business and increase the 
profit value is to encourage your 
customers to pay at the right time. 
You should look for different ways to 
encourage your customers to make 
payment before the deadline.  
Troveworks ar integration for 
quickbooks can help you to stop piling 
up unpaid invoices.
7. Invoice 
Financing
If you want to get money in your 
hands instantly, then invoice financing 
is the best method. This is another 
good solution to manage the cash flow 
in your company. Invoice financing is a 
technique in which the business 
owners sell the invoices to the third 
party. Other good way to maintain the 
good cash in hands is to invest in the 
accounts receivable technologies.
Contact Us
Website: https://troveworks.co
m
Email: [email protected]
om
Call: 669 244 
4160