We all know the old adage “cash is king.” But the saying rings even more true in an e-commerce business, where long cash cycles can bust a business’s bottom line.
In the next few videos, Tyler will talk about how e-commerce sellers can harness cash flow. Today we’ll start with understanding the cash cycle and one pro tip for businesses who constantly find themselves short on cash.
- E-commerce businesses have a longer than average cash flow cycle, meaning you need to keep a close eye on cash flow.
- Short on cash? Look to your Accounts Payable and Accounts Receivable.
Watch the rest of this series:
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