by Sandra Simmons | May 20, 2014 | Cash Flow Management, Cash Flow Mojo
Common Mistakes that Affect Cash Flow Management Business management goes beyond simply selling products and making a profit. The continuous selling and buying requires keeping a keen eye on the cash flow, to make sure that more cash is flowing in than flowing out. A...
by Sandra Simmons | Apr 24, 2014 | Cash Flow Management, Cash Flow Mojo
Essentially, cash flow has to do with how quickly and efficiently a business takes in cash from clients and creditors versus the rate in which it takes out money for the day-to-day survival and development of the enterprise. Efficient cash flow management can spell...
by Sandra Simmons | Mar 24, 2014 | Cash Flow Management, Cash Flow Mojo, Industry News
For fairly experienced and rookie entrepreneurs alike, effective cash flow management is often mistaken for effective profit management when, in fact, they are two different concepts. Cash flow management is a tool to help an entrepreneur manage the flow of income and...
by Sandra Simmons | Feb 24, 2014 | Business Cash Flow, Cash Flow Management, Cash Flow Mojo
How well a business manages its cash flow is one clear indication of its effectiveness and its ability to respond to sudden changes in an industry. Without efficient cash flow management practices, a business loses its capacity to be competitive when sudden...
by Sandra Simmons | Jan 23, 2014 | Cash Flow Management
Efficient cash flow management depends on how long it will take between your business gathering your income and paying for your resources. You should make sure that you can delay the latter for as long as possible while getting everyone who owes you money to pay as...