Circulating Funds and Cash Flow Management: Getting Money Into the Ring

Once you feel that you have enough cash going around, the next step is learning how to properly manage cash flow. You have to track and handle the movement of funds within your business. An example is knowing when to allocate accounts receivable because setting them aside for something you need right away, like payroll, can be risky if there are delays. Although keeping a detailed record of all of your business's finances can help, you could also try a cash flow management software such as those created by Cash Flow Mojo. Such program is designed to help you determine your company's stats, create budgets and reports, keep track of finances, and plan for investments.

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