One of the biggest causes of business failure – one that catches even the most experienced business owner unawares – is poor cash flow. Small and Medium businesses are particularly vulnerable. Why is this happening?
Many entrepreneurs fall short in the overall, effective management of their businesses is the "nitty gritty" detail such as understanding the financial performance of the business and managing it which results in poor performance and insufficient cash flow.
Lack of cash-flow planning has a major impact on any business, entrepreneurs be aware of your operating budget cash inflow vs cash outflow.
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