During good financial times, positive revenue fueled by strong portfolios makes it easy to hide weak financial management within the firm. But those same financial mistakes and mismanagement which are unnoticeable in good times can mean life or death for a firm as cash flow becomes constricted due to fluctuating markets and unforeseen events. No matter what state the economy is in, smart advisors can employ a few tactics to improve their cash flow and strengthen the financial position of their business.

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