Addressing one of the largest issues companies have, cash reserves and cash flow, this article explains in depth what the problems are and how to face the problem head on. By understanding what the cash flow levers, technological tools and future options are, businesses can rein in their extra money and learn how to recognize problems before they turn into huge issues.
Key Takeaways:
- Most companies continue to do well in an uncertain environment, however, many small businesses are suffering from the consequences of low-growth.
- Most businesses react to uncertainty by building cash reserves and putting off investment, with no understanding of their cashflow levers.
- As a consequence of the sluggish economy, SMEs are left to their own devices to manage cashflow problems, which are simply out of their control.
“Most businesses react to uncertainty by building cash reserves and putting off investment, with no understanding of their cashflow levers. This is what is happening in Australia.”
https://insidesmallbusiness.com.au/finance/know-your-cashflow-levers
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