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In simple terms, cash flow is revenue versus expenses. If you have more money flowing in than going out, it means you are making a profit. If your business expenditure exceeds the revenues, it means you need to take control of your cash flow.
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What is Cash Flow? In simple terms, cash flow is revenue versus expenses. If you have more money flowing in than going out, it means you are making a profit. If your business expenditure exceeds the revenues, it means you need to take control of your cash flow.
How to Take Control of Cash Flow? Here are a few actionable tips that will help you control negative cash flow: - Proactive Business Strategy- Proactive Business Strategy - Monthly Sales Projections - Monthly Cash Flow Budget - Get Hold of Unpaid Invoices - Keep a Cash Buffer - Have a Crystal Clear Policy These simple tips will help you manage the cash flow better and ensure you are not out of funds when a profitable opportunity comes knocking on your door.
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