The main objective of cash flow planning is to ensure that a business has enough cash to cover its financial obligations, such as paying bills, meeting payroll, and servicing debt. It also helps identify potential cash shortfalls or surpluses, allowing businesses to take proactive measures to address them. By effectively managing cash flow, businesses can enhance their financial stability, improve decision-making, and support long-term growth.
How can I improve my cash flow during seasonal fluctuations?
How can I manage cash flow when dealing with delayed customer payments?