cash flow

Tips on effective business debt management

November 6, 2023

Efficient debt management is crucial to maintaining the financial well-being of any business. Business owners must be aware of their debt to formulate a strategy going forward. This practice can lead to cost reduction, enhancement of cash flow, and preservation of a favourable credit rating. Create a Comprehensive Debt Management Strategy Once you’ve gained a […]

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What causes a business to fail?

June 12, 2023

There is always a risk in running a business. Over half of business start-ups fail within their first three years. So, what can you do to keep your business afloat? Insufficient Cash Flow Many new businesses fail because there isn’t a contingency to keep them going. A slowing of cash flow can happen at any

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