Cash flow, or rather poor cash flow management, is one of the biggest causes of business failure which is why it’s vital that you have a good handle on the money coming in and going out of your business each month.
Cash flow forecasts for business plans are also something that many new business owners struggle with, especially if they don’t have professional accounting software, like Sage One Cashbook, Accounts or Accounts Extra, to help them manage their finances.
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Infographic created by Sage One UK