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The Importance of Cash Flow for Small Businesses
Cash flow is the lifeblood of any business, but it’s especially crucial for small businesses. Without proper management, poor cash flow can quickly lead to the downfall of a small business. That’s why it’s essential for small business owners to understand the importance of cash flow and how to manage it effectively. Cash flow is simply the amount of money that comes in and goes out of your business. It’s a measurement of how much cash your JD Mattera business has available to pay bills and other expenses. The key to managing cash flow is to ensure that you have more money coming in than going out. One of the…