The Importance of Cash Flow Management for Small Business Success
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When managing cash flow, most business owners check their Chase app every morning to ensure they still have money. Cash flow management is an essential component of running your small business. Without properly managing your money as a business owner, you run the risk of defaulting on loans, not being able to run payroll, and bankrupting your business. Luckily, cash flow management is an incredibly accessible practice!
In today's episode, Jeremy walks through the basics of cash flow management for small business owners. Together, we'll answer basic questions like, what is cash flow management? How can I manage my business's cash easily? We'll unpack the best practices for managing your cash flow and how you can implement safeguards to protect your business along the way.
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🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story
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17 Episoden