Good cash flow management practices are vital for a strong and successful business.

Cash flow is the lifeblood of any business. Like fuel for your car, without cash flowing through your business, it won’t run. For example, without cash, salaries can’t be paid, supplies can’t be purchased, and day-to-day expenses can’t be met.

The challenge for your business is to ensure that you manage your cash flow so you don’t run out of money.