Managing your cashflow
Effective cash flow management is vital to ensure that your business has the funding needed to keep trading and make the most of opportunities to grow. A business can survive for a short time without sales or profits, but not without cash.
You need to keep a careful eye on your cash position at all times. That means systems that let you predict your cash flow with confidence, keep tight control and deal with any potential shortfalls before they become problematic.
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Extending your financial knowhow
Browse valuable finance and tax resources from the IoD.