Tally Blog
Accounting for Finances in Your Business Plan
Top 10 Cash Flow Tips
Small businesses, especially, can live and die by the success of their cash flow. But many don't realize it's significance or plan for the success of cash flow. Getting a good handle on cash flow will protect businesses from unexpected expenses and make the day-to-day less stressful.
The term cash flow refers to how money moves through your business, taking account the money that is coming in and going out. It also deals with the timing of money movement, meaning it's imperative that businesses coordinate the movement so at any one time, the finances are safe. Use these top ten tips from Tally Services bookkeepers and accountants to manage your cash flow: