In a post last week about the potential effect of the new Healthcare bill on small business, I talked about the importance of assessing your business's cash flow position so you can weather the changes that will be coming. Insuring that your business is sufficiently cash flow positive is the first step. The second step is to make sure that your business remains flexible and ready to change quickly. That means not taking on non-essential capital expenditures such as a new building, new equipment, or even extra people for that matter.
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