Cash is king, both at home and in business.
Without a plan though, even a successful business doesn't know if it will run out of cash over a given period or at a certain point.
And certainly in the early and growth stages of business cash flow planning is vital.
To manage cash flow a business needs two major understandings; where the cash comes from and where the cash goes to.
Both are found only with solid bookkeeping and data that's accurate and up to date.
And this information is highly useful to understand and plan for seasonal variances and capital purchases.
To get your data useful, jump over to Bookkeeping & Data Entry to learn more about cloud-based accounting software.
Want to plan your cash flow out and know what's coming? Contact Clifton's for help developing a rolling cash flow forecast.