Cash Flow Management

People often understand the cash part of cash flow, but not the flow components. Put simply, cash will move in and out of your business at different times, which can create different periods of cash availability. So you don’t run out of money, it is important to anticipate these periods so that you can plan and manage your cash flow .

Managing your cash flow can help you:

·         Have enough cash to meet your statutory and other obligations

·         Be prepared for the unexpected, when things do not go as planned

·         Continue to operate

·         Pay yourself

·         Breakdown which cash belongs to you, and which cash belongs to others.