FOR many small businesses, growth is the barometer for success. But expansion can present challenges and one of the critical issues in any company when it is experiencing a healthy level of growth is cash flow.
You can have the most amazing service or product in the world, but if you run out of cash, it won’t matter.
DVT Group founder and author of Life After Business Antony De Vries takes a look at why cash flow is so important and why growth often contributes to a lack of funds. Here he offers up some tips on how to monitor your cash flow over time and how to improve it.