How to Better Manage Your Cash Flow

Author: External Author | | Categories: Bookkeeping Solutions , Chartered Management Accountant

Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the problem, and the solution is cash flow management. At its simplest, cash flow management means delaying outlays of cash as long as possible while encouraging anyone who owes you money to pay it as rapidly as possible.

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Original Article Source Credits:   Entrepreneur , https://www.entrepreneur.com/

Article Written By:  NA

Original Article Posted on:  NA

Link to Original Article:  https://www.entrepreneur.com/article/66008

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