Question: Question 5 (30 points) Q5: Below are six best practices for managing small business cash flow. 1. Learn and understand the businesses cash flow cycle

Question 5 (30 points) Q5: Below are six best
Question 5 (30 points) Q5: Below are six best practices for managing small business cash flow. 1. Learn and understand the businesses cash flow cycle 2. Urge customers to pay on time 3. Turn inventory over quickly 4. Negotiate with vendors and suppliers 5. Consider invoice or revenue factoring 6. Look into short-term loans List the pros and cons of one of the six best practices and explain why it is or is not a smart practice for a small business

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