Avoiding The Cashflow Suprises That Could Kill Your Business

We all know that cash flow is king. But just how much sway does it have? Well, you might want to ask the nine out of 10 small businesses that have failed because of cash flow problems. That’s, right, according to D&B, 90% of small businesses close their doors because of poor cash flow management.

Cash flow management isn’t rocket science. Put simply, it means doing everything possible to ensure that money flows into your business as quickly as possible and exits it as slowly as possible. It also means keeping an eye on the future and taking steps to mitigate any potential issues that may creep in down the line.

Click Here to read full article. Sourced from Xero.com

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