Small Business Cash Flow Management: Why It’s Important and How to Deal With Problems
Strategy Driven
OCTOBER 28, 2021
Manage emergencies – You never know when disaster might strike; having enough in the bank to cover emergency kit repair, economic downturns, and other unforeseen circumstances is vital. Not holding enough reserves – You should always aim to have cash in the bank to cover at least three to six months of expenses. Net income.
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