Managing FInances
Cash Flow: What is it? How does it work? How to analyse it?
A Commonwealth Bank study found that nearly 80% of Australian small to medium businesses (SMBs) faced cash flow issues last year. Key factors included reduced revenue, low cash reserves, and seasonal fluctuations. This blog highlights the need for SMBs to manage cash flow effectively, diving into what it is, how to calculate yours and how to conduct an analysis.