BizSugar.com › Management › Why Proper Cash Flow Management is So Important and How to Go About It

A scenario that plays out over and over again is one in which a business gets into financial trouble wherein it struggles to make payroll, pay suppliers and the taxman. This type of situation often occurs because the business owner is so focused on products or services and customers that they neglect to take care of cash flow management which is absolutely key to sustainable business growth. Money is the lifeblood of any business and even though business owners are out to make money, ironically they often forget to think about cash.