Do you have cash flow management strategies set up in your business to account for your daily dollars? Do you look at your numbers and have a grasp on your cash flow?

Cash flow management is key in any business. Understanding how to keep an eye on what goes in and out and creating strategies so that it’s easier to see if and when something goes wrong is vital. Cash flow management for small business and nonprofits should be a responsibility tasked to your accountant or bookkeeper to ensure that your daily cash flow (and business expenses) isn’t exceeding its limits. 

Learning how to manage cash flow in small business or really learning how to manage cash flow for a business of any size will be one of the duties that help you become profitable and not fall into a dire situation.

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Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

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