Did you know that the most common cause of failure of small businesses is a shortage of cash to meet running costs? This happens because of poor cash management. Don?t let this happen to you. Take control and manage your cash effectively to minimize the risk of failure. To do this, you have to understand [...]
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Category: Cash Flow Management | 0 Comments »The challenge with variable costs is that they are variable. When your sales go up you need to spend more. When your sales go down you need to spend less. If you are selling more things then you have more money to pay for the parts and labor, or in other words the variable costs. [...]
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Category: Cash Flow Management | 0 Comments »There are alot of definitions as to what exactly cash flow means which can cause a little confusion. This is how I explain cash flow. It is the amount of money you have left during a given period of time once all your bills are paid. But lets not confuse this with profit and loss [...]
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