BizSugar.com › Finance › 7 Cash Flow Surprises and How to Avoid Them

The concept of cash flow management is a basic one; it means doing everything possible to ensure money is coming into the business as quickly as possible and exiting it as slowly as possible. You’ll also need to keep an eye on the horizon so that you’re not surprised by an unexpected cash outlay.

Sounds simple yes? Actually it’s a balancing act and takes some time to perfect. Here are seven pitfalls to avoid and best practices to adhere to that can help you avoid becoming just another statistic.