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The Profit Plot - The Importance of Cash Flow Management for Small Business Success

The Importance of Cash Flow Management for Small Business Success

The Profit Plot

07/03/23 • 12 min

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When managing cash flow, most business owners check their Chase app every morning to ensure they still have money. Cash flow management is an essential component of running your small business. Without properly managing your money as a business owner, you run the risk of defaulting on loans, not being able to run payroll, and bankrupting your business. Luckily, cash flow management is an incredibly accessible practice!

In today's episode, Jeremy walks through the basics of cash flow management for small business owners. Together, we'll answer basic questions like, what is cash flow management? How can I manage my business's cash easily? We'll unpack the best practices for managing your cash flow and how you can implement safeguards to protect your business along the way.

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🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story

📧 Want more episodes of the Profit Plot sent to your inbox? Sign up for our free newsletter: https://view.flodesk.com/pages/647fb5f380b41008f5634f46

07/03/23 • 12 min

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