Successful Cash-Flow Management

Posted by: Rod Kurtz on September 15, 2006

Cash management is ultimately about cash flow—and very few small businesses are awash in cash. Even successful, growing companies are vulnerable to cash-flow problems because they tend to add employees and inventory rapidly. This may quickly deplete the company coffers and lead to cash shortages.

Because having cash at the right time is so important, entrepreneurs must pay close attention to cash management. Here are some tips for saving money and managing cash flow.…

To read the full story at AllBusiness.com, click here.

allbusiness

Post a comment

 

About

Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.

To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.

BW Mall - Sponsored Links

Buy a link now!