What does it mean to improve your cash flow?
According to Inc.com, revenues are still somewhat of a pipedream for most businesses and owners are looking for different ways to get as much cash flow out of their businesses as possible.
“It’s a simple enough formula: collect your receivables as fast as possible and slow down your payables without jeopardizing your relationship with suppliers.” (Inc.com)
Improving your cash flow could give your business the jump start it needs to get back on track, or it could help you scrape out the most you can get out of your business if it’s past the point of no return!
How would your month end closing process be affected without a focus on cash-flow?
We’ve made this slideshare to better explain why this is such a crucial aspect to your business!