Inadequate Cash Flow Management Cause Bumps In Revenue
No business can survive long if enough cash is not available to meet immediate needs. More cash coming in than going out shows a positive cash flow but if your business has more overdue invoices then you are likely to experience a shortfall in your net revenue and ultimately you need to borrow money. SMEs are particularly vulnerable to inadequate cash flow that arises from overdue or late payments. This may lead to bumpiness in revenue and it requires careful management of the cash flow.
HeavenSpot will make a strategic plan for improved cash management to help you remain competitive, enjoy financial flexibility, and pursue more growth opportunities with confidence.