Accurately Forecasting Your Cash Flow for the Year Ahead
You’ve probably heard the phrase ‘cash flow is king’ and with tough economic times for many Australian SME’s never has this been more true. Cash flow is what separates a thriving business from one struggling to stay afloat.
It encompasses all revenue generation, operational expenses and investment activities. Businesses that manage their cash flow efficiently ensure more cash is entering the business than leaving it which enables them to grow and expand.
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