Overview
As an SME business owner one of your primary goals will be to generate income. However, there is more to income than simply the money. Cash flow can be a very beneficial tracking tool, used to determine whether your business is meeting its goals. This guide provides some tips and guidance on how to manage cash flow.
A guide to managing cash flow - what’s included
- Tips for tracking your business’s financial health, including the numbers that you need to analyse to keep track of things
- The importance of overall profitability as well as cash flow
- The importance of maintaining up-to-date account records
- How to identify cash problems, including those related to loans and repayments
- Our toolkit for managing your cash flow
- Challenges SMEs may encounter in terms of cash flow
- Advice for creating your cash flow management plan