Managing Cash Flow in Volatile Economic Times
An unpredictable economic climate seems to be the norm these days, with businesses faced with a unique set of challenges that can strain financial stability. Changes in inflation, fluctuating interest rates, and global uncertainties, mean that maintaining a healthy cash flow is more important than ever. Cash flow - the movement of money in and out of a business - acts as the lifeblood of any organisation.
Why is a Cash Flow Forecast Important?
A cash flow forecast is a vital financial tool that can provide valuable insights into the health of your business. It offers a detailed prediction of your incoming and outgoing cash, allowing you to make informed decisions about your operations and future growth.