Source: Collections Plus Blog

Collections Plus Blog The 5 Worst Cash-Flow Mistakes Small-Business Owners Make

No matter how great your business model is, how profitable you are or how many investors are interested in supporting your business, you can't survive if you can't manage your company's cash flow. In fact, a prominent study from the financial services company U.S. Bank found that as many as 82 percent of startups and small businesses fail due to poor cash-flow management. So, even if you're a brilliant entrepreneur in every other way, you must stay squarely focused on managing your company's cash flow to avoid putting your business in imminent danger. Here are five of the most common cash-flow problems: 1. Overestimating future sales [...]The post The 5 Worst Cash-Flow Mistakes Small-Business Owners Make appeared first on Collections Plus, Inc..

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