Please answer the questions below.

1. If you were having difficulty getting your customers to pay in a timely manner, what could you do to speed payment? Provide at least five ideas 2. Name and explain the three basic pricing strategies a small business owner can use in establishing a new products price as presented in the textbook 3. Provide at least sik suppestions on how to trim overhead expenses in order to avoid a cash crunch. Explain how each technique can reduce the cath requirements for a small business. 4. There are at least ten different pricing strategies for established goods and services presented in the textbook, Explain at least live of those strategies and aby you would use them. 5. What is the big three of cash management ? How does each impact the operation of the small business? 6. What is the value of ratio analysis to the small business owner and what are the four categories of ratios he or she can use as presented in the textbook