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Jan 09 2012

Avoiding a Cash Flow Crisis

by admin in Charlotte Accounting with 0 Comments

One of the leading causes for small business failure is lack of liquid assets. Without cash, businesses cannot pay for their medium and long-term investments and in the worst case scenario it means they cannot meet their regular obligations such as their employee payroll.

THERE ARE TWO WAYS TO LOSE A BUSINESS:

HAVING TO PAY OUT MORE IN EXPENSES THAN RECEIVED IN INCOME.
HAVE A SUCCESSFUL (PROFITABLE) OPERATION BUT RUN OUT OF CASH.

CASH FLOW IS THE ABSOLUTE KEY!

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