Managing Business Cash Flow
Cash flow is the lifeblood of a small business. Without cash coming in, it doesn’t matter how great your business is or how much money you have tied up in inventory — you won’t be able to pay employees or for supplies, and you certainly won’t be able to grow. At the same time, managing your company’s cash flow can seem frustratingly intangible: How do you tell if you’re making enough money and spending too much? When does it make sense to take out debt or pay yourself? And when do you need a line of credit? In this guide, we’ll look at what cash flow management means for small businesses and what strategies exist for staying ahead of bills while planning for growth.
Cash flow management is the process of managing your business’s cash flow.
Cash flow management is the process of managing your business’s cash flow. Cash flow … More >>>