Business cash flow
- Created by: Charlotte_Land15
- Created on: 07-01-16 11:18
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- Cash flow
- The amount of money coming in and out of the business
- Insolvency: is when they business hasn't got enough money to pay its suppliers or workers
- That's why drawing up a cash forecast chart is important because it identifies where the business will need an over draft.
- Reducing cash outflows: Delays payments of bills, securing better trade credit terms of financing
- Increasing cash inflow: chasing debtors and selling assets or securing an over draft.
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