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How to successfully manage cash flow in business?

April 18, 2020[2020] 116 taxmann.com 190 (Article)
715 Views
For long-term sustainability, businesses need to manage cash flow effectively by monitoring their cash flow statements on a monthly or even weekly basis. In case of a small or mid-sized business, cash flow is an important factor to determine whether it will succeed or not. In general, more than half of SMEs don't survive longer than five years and poor cash flow is one of the major contributing factors in that.
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