Chapter 5

Managing Cash Flow

A man had a dollar and spent a quarter and gave fifty cents to his daughter; he gave another quarter to his friend, and then had nothing left to spend.

—© 2013 Sage Sayings™

Introduction to Successfully Managing Your Cash

In business, as in life, learning how to manage your cash is essential for long-term survival. In fact, one of the most critical problems facing small businesses today is managing cash flow. Cash is king for the successful business! The reality is that cash is the critical fuel that allows the business to continue its operations and grow. Without this essential fuel, too many of today’s small businesses experience great difficulty trying to keep afloat. Businesses that receive too little fuel will ...

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