Cash Flow Planning
Developing a cash flow plan is essential to running any successful business. This guide will show you how planning can provide valuable insights, measure progress and give you a clear financial picture.
Managing cash flow can help you:
- Decide when to make purchases, generate sales or cut overhead
- Focus on investing on new products, recruiting staff or expansion
- Create a loan repayment blueprint, maximizing your lender relationship
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Why it’s important to know your cost of production and how small changes can have a big impact on your bottom line.
While inflation and interest rates may be out of your control, understanding the risks can help mute their effects on your business.