Cash Flow Crisis


Many small businesses walk a tightrope between accounts receivable and accounts payable. It is a constant challenge to get customer invoices paid sooner, while paying suppliers and other expenses at the last possible moment. When your accounts are running like clockwork, you can maximize your use of cash to grow your business. However, even the most carefully managed finances can hit a snag. If you run into a cash flow crisis and are struggling to pay your bills, these best practices will ensure that your business remains intact.