Even though the coronavirus is directly impacting the economy, consumer confidence remains high.
Cash flow in practical accounting represents the cash required to keep your business running on a day-to-day basis.
Healthy cash flow will ensure you can pay salaries on time and have funds available for growth and expansion.
profitability in the other hand provides the benchmarks for measuring the effectiveness of your operations, cash flow is what pays the bills.
As a business owner, you need to understand and project your business’ cash needs. | To read full story, visit https://startuparound.com/read/1584192605.8425446/Despite-Worries,-Consumer-Confidence-Remains-High,-Money-Anxiety-Low?ref=audio_experience