Managing cash flow in your small business
Cash flow is critical to the success of any business, big or small. As a small business owner, tracking cash flow is essential to ensure that you have enough money to pay bills, invest in growth, and prepare for unexpected expenses. Here are some tips to help you track your cash flow and why it’s important. 1. Monitor your income and expenses regularly Keeping a close eye on your income and expenses is key to understanding your cash flow. This means tracking all the money coming in and going out of your business on a regular basis. You can use tools [...]
