Are you on top of your cash flow? It’s all about the numbers … and good timing
Abstract: Staying on top of a company’s cash flow is no easy task. But a sound budget, regular cash flow statements, ongoing reviews of expenses and a knack for good timing can keep a company sailing along. This article explains what’s involved in maintaining a detailed annual budget for company expenditures; creating a cash flow statement; maintaining accurate expense records to gain a more complete view of one’s financial situation; and paying attention to the timing of money both coming in and going out.