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Business Resources - Growing Your Business

Growth Considerations

Keeping Cash Flowing

As a business grows, so does its need for cash — to build inventory, buy equipment and pay additional employees or suppliers. In most cases, the cash is needed long before the business sees higher revenues.

To keep the cash flowing freely as your business grows, consider cash-flow strategies that bridge the gap between when expenses must be paid and when money from clients and customers is received.

Find out how RBC can help:

“I need to purchase additional inventory to meet growing demand from clients.”

“Invoices from my suppliers are rolling in, but my customers haven’t paid me yet.”

“My life would be a lot easier if my customers paid me faster.”

“I need to add capacity to keep up with increased demand.”

“My business is growing and I need more space.”

“I’ve doubled my staffing, but my human resources issues have tripled. I need help.”

Avoiding a Cash Flow Crunch

Pros and Cons of Leasing vs. Buying

A sudden unexpected expense can throw off even the most carefully thought-out business plan. New equipment can be essential for a growing business. But is it better to lease or buy?
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To find out more about how RBC Royal Bank can help your business grow:

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08/10/2011 15:34:13