Cash Flow Management (3)

Cash Flow Management (3)

Cash Flow Statements:

Regularly preparing and analyzing cash flow statements to understand the sources and uses of cash.

Invoice and Payment Terms:

Negotiating favorable invoice and payment terms with both customers and suppliers.

Emergency Fund:

Establishing a contingency fund to address unexpected events or economic uncertainties.

Cash Flow Budget:

Creating a budget that outlines expected cash flows and helps in monitoring performance.