Cash Flow Management Tips for Small Business
Cash flow is a primary indicator of a business’s health, but managing accounts payable and accounts receivable isn’t easy. Maintaining a positive cash flow position means your company is taking in more cash than expending it, allowing you to offset important payments on equipment or inventory, debt commitments and even overhead costs like payroll.
Citizens Bank has provided an infographic below with 16 cash flow tips for small businesses. By using these tips, you can work to effectively balance your accounts payable and receivable and spend more time investing in your company’s growth.
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