How Robust is Your Cash Flow?
A staggering fact – recent research has highlighted that a typical small business will have negative cash flow for at least 4 months per year.
This should be the wake-up call that reinforces why I constantly encourage business owners to frequently monitor and update their cash flow prediction, presuming of course, they have made the effort to create one.
Irrespective of the tools you use to create it, it is essential to ensure the detail is comprehensive and as accurate as possible.
With the financial pressures businesses are currently experiencing and will be facing for the immediate future, the need to monitor cash flow has become even more critical.
Just as we begin to recover from the pandemic, the financial viability of your business is going to be stressed yet again.
So how well prepared are you?
Don’t wait until it is too late – if you need help don’t delay – seek expert guidance promptly!