How well a business manages its cash flow is one clear indication of its effectiveness and its ability to respond to sudden changes in an industry. Without efficient cash flow management practices, a business loses its capacity to be competitive when sudden opportunities for growth arise. A business also risks a slowdown or total halt in operations if a lack of cash causes the organization to miss payment deadlines for wages, bills, or taxes.
In a recent Insurance Business America article, finance expert Michael Quinn discusses a few basic principles of properly managing cash flow in a corporate setting.
http://cashflowmojosoftware.com/mastering-basics-effective-efficient-cash-flow-management/
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