Strategically Speaking: 19 Tips for Better Cash Flow Management
Careful cash management is more important than ever. Traditional practices may not be in your best interest today.
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Staffing
10. Freelance Resources: Full-time staff offer many operational benefits, but the fixed cost of salary and benefits requires a predictable flow of cash and/or access to short-term funds to meet payroll. In contrast, freelance staff, while potentially more expensive on an hourly basis, can be retained to support specific projects, and expanded or contracted (without severance costs) based on business demands. This offers opportunities for considerable cash savings if volume falls significantly below expected levels.
0 Comments
View Comments
David Hetherington
Author's page
Related Content
Comments