Simple Ways to Improve Your Cash Flow
In the world of music retailing, many owners are afraid to use the “F” word: “finance.” Why? Because there’s a belief that when you borrow money to stock inventory, you’re bound to get yourself in trouble with high-rate interest costs and debt service payments you can’t make. In reality, debt can be used strategically to grow your sales, increase cash flow, minimize interest charges and avoid the damaging costs associated with aging inventory. Join financial guru Alan Friedman of Friedman, Kannenberg & Co. and Deb Barker of GE Capital to discover easy ways to leverage debt for increased profitability and cash flow.
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