Cash flow consists of the flow of funds into and out of your business. It’s crucial to understand what cash flow is and how to keep track of it — especially for small businesses that may not have huge cash reserves. Simply put, if you don’t pay attention to your cash flow, you may find […]
Given its importance, identifying and preserving a steady cash flow should already be a priority. If it’s not, there’s no better time to start tracking it as one of your most significant metrics — and the best way to do that is to start with a cash flow statement. Here is a complete breakdown.
Making sure you have enough cash on hand to pay your expenses all year round can be tricky when you’re earning most of your revenue during only part of the year.