Own Funds

Managing Your Cash

A business can only survive in the long run if the money it gets in is greater than the money it pays out.

Managing Your Cash

A business can only survive in the long run if the money it gets in is greater than the money it pays out. Businesses need to make profits to stay in business but many businesses can cope with short periods during which their expenses are greater than their income.  No business can survive without cash.

Businesses should focus on four key areas to ensure that they have enough money to meet their current and future needs:  debtors; suppliers; stocks; and costs.

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