Your friend has recently started up a new business to produce and sell swimming suits but is worried about the seasonality of cash flows the business will face. This is because the demand for swimming...

Your friend has recently started up a new business to produce and sell swimming suits but is worried about the seasonality of cash flows the business will face. This is because the demand for swimming suits will most likely be higher in summer than in other seasons, particularly winter. He asks you for help on how he should manage this risk. What would your advice be?