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Hiring Plans Increasing, But So Are Cash Flow Concerns (Chart)

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April 15, 2011

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“Great post Jason - one would think that small ...”

John Krech

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Yesterday, American Express OPEN released the results of its latest Small Business Monitor, a biannual survey of small business owners. While the report revealed that more small business owners plan to hire over the next six months, it also found that fewer business owners are comfortable with their current cash flow situation. Here's a graphical look at this trend. 

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  • John Krech 1 year 1 months and 15 days ago

    John Krech

    Great post Jason - one would think that small business owners would want to be confident in their cash flow position before hiring. None the less, there are steps businesses can take to improve their cash flow. The bottom 30% have nine times more inventory than their top 20% peers. Fortunately, business intelligence solutions are going main stream with the evolution of the cloud. For example, QuickBooks users can now automatically maintain inventory at maximum economic value added or EVA. Small businesses have more access to technology that moves from telling what has happened to what is the best that can happen. This can go a long ways to improving cash flow concerns

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