Sat Dec 26, 2020 | Alan Lefkowitz | Bookkeeping Services, Business, Cash Management, Financial Controller Services
Tips for Successful Cash Flow Forecasting
In the U.S., the survival rate for small businesses is bleak, with 20% going under in the first year and 50% failing after five years. These businesses shut down for various reasons, including lack of customers for the product or service or having difficulty hiring the right people. But insufficient cash flow is frequently the reason for these closures.
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