Managing Cash Flow

摘要

Cash flow-how much money is flowing into and out of your groundwater business-is an easy concept to understand. Still, not every owner is aware of the major impact skillful cash management has on net income. Mainly because the importance of managing revenue is far easier to recognize in some types of businesses than it is in others. Take home construction for example. When a builder takes on hundreds of thousands of dollars in short-term debt to con-struct new homes, it's obvious they must generate a substan-tial positive cash flow in a hurry if their business is to survive.