Managing Cash Flow, Managing Cash Flow Shortage
Starting a small business can be an exciting journey, but it also comes with significant challenges. One of the most common reasons why 80% of small businesses fail within the first few years is poor cash flow management. Cash flow refers to the money coming in and going out of the business, and managing it […]
Handling the Cash Flow: Managing a Surplus
Effective cash flow management is essential for a business to ensure long-term stability and growth. When a business finds itself with a cash surplus, there are several strategic steps it can take to optimize this excess cash: Invest or Earn InterestBusinesses can invest surplus funds or move them into interest-bearing accounts. This ensures the cash […]