Having a good flow of cash into and out of the business is like having good blood circulation – you don’t need a lot as long as it is maintained and constantly regenerated, to sustain changing demands throughout a busy week.
Benefits of using this Useful Guide
Throughout the guide we often refer to a business and use business examples, meaning a commercial organisation that exists in order to trade and make a profit. However, nearly all of the advice applies equally to “not-for-profits” organisations such as charities, public bodies and voluntary organisations. If you work in one of these, it may also help you understand how the demands of commercial cash flow management affect the behaviour of the companies that you may trade with.
Cash Flow: What it is
This Useful Guide assists with knowing where your cash is coming from and where it is going.
