Cash Flow Management
When you have cash or in any way funds available you can steer your business in the direction you want. Cash shortage either because of general economic downturns or due to bad CFM practices or lack of any systematic CFM practices, stops the engine and then you are stuck with non-value adding assets and the cost of maintaining. Good management practices and indeed the legal framework dictate that business owners / directors make sure that at any time they have enough cash to sustain their position in the market… click here more
