Cash flow is vital to the success of every small business. Businesses doing cash flow planning once a year have only a 36% survival rate over five years. This contrasts with those planning monthly, which have an 80% survival rate.* An Introduction to Cash Flow Management is part one of a series of informational resource guides designed to help small businesses understand more about managing cash flow.
Part one (click to download) provides an overview of cash flow including definitions, common misconceptions and tips on taking the first steps to improving your current cash flow management practices.
Click here to read all three of the informational resource guides now.
*Source: Dun & Bradstreet's Business Failures and Start-ups Analysis