For any small business, the ultimate goal is to grow and flourish. However, the journey is tough, and it may get tougher for some of us…
Allow us to introduce you to Ulajh…
Ulajh has been running a small business for the past few years. However, things haven’t been looking up for him lately… His inventory costs have shot up, and cash management has become a major pain point.
In the resulting chaos, he is finding it difficult to keep in touch with his customers!
And he has a host of other problems too. Dealing with the lack of staff… upgrading the accounting software… keeping up with the changing tax laws… staying ahead of competition… He is worried that all this may lead him to shut shop soon… unless he finds a way to beat the cash crunch and manage his business finances more efficiently!
Thankfully, Ulajh has a good friend to help tide him over! Meet Sulajh…
Sulajh and Ulajh started their respective businesses at around the same time. Sulajh’s business has been growing by leaps and bounds.
He understands the importance of and follows ‘Just-In-Time’ inventory management, keeping his costs in check.
He spends a lot of time meeting fellow small business owners, understanding how they handle their work and implementing their best practices. He has recently got an upgraded POS system and is also working on a new customer engagement strategy. He focuses on ensuring that his staff are always learning something new and adding value to themselves!
Cash management is not a problem for him – he has planned his finances wisely and always has something to fall back on!
Sulajh is now helping Ulajh get back on track, by tackling each issue at a time. He has advised him to get rid of his inventory problems by effectively forecasting consumer demand. He has also shared techniques to hire the right staff and delay large expenditures. Not just that… he’s also shared a list of the best software Ulajh can use to get his business in order again!
Sulajh is confident that Ulajh’s problems will soon be a thing of the past!
Like Sulajh, Gromor Finance also supports small businesses in their journey of growth, helping them sort financial hiccups and take advantage of opportunities!
After all, not everybody is lucky enough to have a friend like Sulajh to advise and rescue them!
If you find yourself relating with Ulajh, get in touch with Gromor Finance! We help small businesses enhance their credit and grow!