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Monday, July 14, 2014

Manage cash flow, or pay the price

You often hear about motorists who suffer breakdowns in the worst possible places because they didn't bother to check their oil level regularly or ignored their dashboard warning lights.

Many small-business owners do the same thing when it comes to managing their cash flow. When they don't make regular checks and forecasts, or ignore troubling trends, their businesses will break down because they don't have the resources to pay their bills. And there is never a good time for that to happen

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