Cash flow – the area that perhaps causes the most headaches for many business owners these days. In a survey conducted by Australian Securities and Investments Commissions (ASIC), it was revealed that of 51% of business startups that do not survive beyond four years of operations, 41% reported that the cause of the failure was due to inadequate cash flow.
While maintaining a good cash flow may just be a routine for well-run companies, it is very rare for smaller firms not to encounter a problem in this area at one time or another. Fortunately, with the right tool and strategy, many of the cash flow issues can be prevented before they occur and escalate to bigger problems.
Regardless if you own a small café or tech startup, suffering serious issues in your cash flow will limit your business growth and might stall your operations for good. In this infographic, we will discuss different ways that will help you solve the top cash flow issues your business is facing today.
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