What is cash flow management?
Cash flow management involves monitoring and controlling cash inflows and outflows to ensure liquidity.
Why is cash flow management important?
It ensures a business can meet obligations such as payroll, rent, and suppliers.
What tools support cash flow management?
Common tools include cash flow forecasts and financial reports.
What happens with poor cash flow management?
Businesses face missed payments, increased debt, and potential insolvency.
How do businesses manage cash flow effectively?
They track inflows, control costs, and align payment timings.