01. Cut back on your working capital. When times are tough, the most logical thing to do is to embark on cost-cutting here and there. You can cut your working capital if you freeze increases in your inventory. That is because inventory usually ties up cash which you need freed up for use elsewhere in your business. In addition to reducing your inventory, you can also be more diligent in collecting your debts. That helps to improve your cash-inflow.
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