For the small business, cash is KING. Running out of cash is the number one reason businesses (of any size) fail. You could be making lots of sales, but if there is no money in your bank account then you can’t pay bills and salaries, and your doors will not stay open. You need to know when cash will be high and when it will be low in order to know when to spend and when to save.
Read our twelve tips for managing your cash in this YourBusiness Magazine article.