Managing Cash Flow - The Strategic CFO®

Managing Cash Flow

Tags: cash, cash crunch, cash flow, cash flow projections, operating cycle, projections, strategy
By: Dan
August 27, 2013

Effectively managing cash flow is an issue that all businesses face, whether they have plenty of cash or are experiencing a cash crunch. Cash is the lifeblood that fuels current operations and allows for growth, so developing a strategy to manage this most important asset is key.

Effectively Managing Cash Flow

So how do you effectively manage cash flow? In the article “Track Money In and Out of a Company“, Jim Wilkinson suggests the following strategies:

Prepare cash flow projections
Manage and work your operating cycle
Watch expenses carefully
Use your cash wisely

The article lists specific examples of what these strategies look like and how to implement them. Click here to read more about it.
For more tips on how to improve cash flow, click here to access our 25 Ways to Improve Cash Flow whitepaper.

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