You might think profit is the most important financial measure in your business, but a healthy cash flow is just as vital. Your business can be extremely profitable, but if the timing of your cash in and cash out goes wrong, you could be left with no money in the bank to pay your creditors, employees or suppliers.
If you manage your cash flow well, you’ll reduce stress and have a financial buffer to deal with the inevitable surprises that arise in business. Read on to learn how to manage your cash in and cash out, and generate a healthy cash flow through your organization.