Question: Explain that we can manage the cash flow effectively by following these steps. 1) Stay on top of bookkeeping 2) Generate cash flow statements

Explain that we can manage the cash flow effectively by following thesesteps.1) Stay on top of bookkeeping2) Generate cash

Explain that we can manage the cash flow effectively by following these steps. 1) Stay on top of bookkeeping 2) Generate cash flow statements 3) Analyze your cash flow 4) Figure out whether you need to increase cash flow 5) Cut spending where you need to 6) Speed up your accounts receivable 7) Rinse and repeat.

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Cash flow is a measurement of the amount of cash that comes into and out of your business in a particular period of time When you have positive cash f... View full answer

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