It gives you an overview of how money flows in and out of the business so you can spot trends and manage them.Ĭash flow statements can be prepared monthly, quarterly, yearly, or for any period you determine to be most helpful. No matter what your situation, it’s helpful to have a picture of where you stand at any given time, and learning how to write a cash flow statement is the key. You may have to pay your staff and suppliers while waiting to pay yourself. Ideally, more will always be flowing in than flowing out, but it doesn’t always happen that way. ![]() ![]() One of the most important aspects of running your business is managing the amount of money that comes in and goes out.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |