The health of a business relies on 3 factors:
- Cash flow
Businesses have no problem looking after their profit margin and turnover, but it can be easy to overlook cash flow. Maintaining a healthy cash flow is what pays the bills and keeps a business poised for growth. Poor cash flow is one of the most common reasons why businesses go bankrupt.
The infographic below shows how you can improve your Accounts Recievable and Accounts Payable and in turn maximize your cash flow over time.
Consider small business loans from Citizens Bank