We should save the most, but by no means should reduce costs as necessary. Increasingly, freelancers and companies are aware of this and avoid the so-called ant costs. One must know how to manage resources properly to achieve a perfect balance between saving and investing. What can you save? In stationery, printing, telephone, office utensils, electricity, water, etc.. And what else?Analyze the costs for the leeway is key. Also be analyzed, when business is good, the suitability of the premises or facilities buy rather than rent.

You must correctly handle payments, thus avoiding defaults to unbalance the finances of the business. Should be avoided as far as possible “legit” or someone being a duty, but if so it is good to remind your debt amicably, and even if you pass a reasonable time of the debt forgiveness for prompt payment. Do not leave debts for a long time, although it can be good sometimes expect to pay in the past few days.

Liquidity is key. Avoid at all times avoid liquidity and solvency. By itself, it has to make a forecast of receipts and payments in order to anticipate and unpaid liquidity problems. It is recommended to have an emergency fund.

Sometimes, it is necessary to resort to financing, but is something to be avoided. Above all funding is required at the beginning and when you want to buy new tools or grow in any business environment. In case of use of funds made it to compare deals between banks who offer to avoid going to private companies, unless of venture capital or business angels. You have to get the best financing for the money you need (and nothing else) with minimal fees and interest, and if this requires trading is trading. If you have to fill some time lag can be used short-term funding of banks by checks, notes or other, taking it clear that it will pay back.

If necessary, you can defer payments of Finance and Social Security. Sometimes it can be a good decision.

The important thing is to study finance from time to time to see if they are correct or can improve on something. But it is certainly not an issue that should be put aside …