Track all income and expenses daily
Create a realistic cash flow forecast
Separate fixed costs from variable costs
Prioritize essential payments
Build an emergency cash reserve
Invoice promptly and follow up on overdue payments
Negotiate better payment terms with suppliers
Reduce unnecessary spending
Monitor inventory levels closely
Delay nonessential purchases
Keep a close watch on accounts receivable
Use cash flow statements regularly
Plan for seasonal fluctuations
Maintain access to credit if needed
Review and update the budget often