Growing The Bottom Line by Alice Bredin (NAPSA)—Key to managing cash flow is seizing opportunities to save. Consider thesetips: A businessthat’s careful with its money has more to spend on expansion, salaries or bonuses. Review expenses regularly to ensure you’re spending in the right places. This can also help you identify good deals for services or vendors. Consider outsourcing for specific tasks. Using experts on pro- jects can improve turnaround time andoverall quality, resulting in fewer, costly revisions and expensive project management headaches. * Take advantage of discounts from trade groups, business associations and credit card companies. For example, OPEN: The Small Business Network from American Express offers automatic discounts when you use its charge or credit cards at Staples, FedEx, Kinko’s and others. Encourage employees to look for savings opportunities. e Find more free business advice at www.open.american express.com. Alice Bredin is a small business expert and successful entrepreneur who has spent more than a decade running BBI, a consulting company that helps large companies market to small business. Sheis also a wellknown author and columnist on small business issues.
