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+--- Thread: Do you feel you have a good enough cash flow management plan in place? (/showthread.php?tid=98)
Do you feel you have a good enough cash flow management plan in place? - Shortie - 01-25-2023
Having a good cash flow management system in place helps with knowing what ingoings and outgoings you have and also helps with things like taxes and seeing how much of a profit or a loss your business is making. Many businesses both big and small will have some kind of cashflow management in place to help them keep an eye on anything money-related.
If you have a cashflow management system in place for your business, do you feel that it is good enough or would you like to make adjustments to it so that it is more reliable?
RE: Do you feel you have a good enough cash flow management plan in place? - Kane - 06-01-2024
Evaluating your cash flow management plan involves assessing whether your income reliably covers expenses, including emergencies and savings. Regularly tracking income and expenses, maintaining an emergency fund, and minimizing debt are key indicators of a strong plan. If you consistently meet these criteria, your cash flow management plan is likely effective. I think I am good enough with cash management