4 Cash Flow Planning Tips to Help You Avoid Cash Flow Shortfalls

Inside a storeCash flow planning refers to the process of identifying and forecasting both incoming and outgoing cash for your business. It is typically done for both short-term horizons (less than a year) and long-term. The purpose of cash flow planning is to identify potential shortfalls and address them in a timely and responsible manner.

But even with proper planning many businesses can find themselves scrambling for cash at a time when they are least able to obtain it. These four suggestions may help you avoid foreseeable cash flow problems in your business.

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