Small business owners quickly learn the importance of monitoring their cash flow. The flow of money in and out of your business can impact everything from the stock you have to sell to keeping the lights on. In a perfect world, your cash flows would align.
All of our customers would pay their bills before your invoices came due. Or you’d pay the food vendor after a busy weekend of full tables in your restaurant. But this isn’t always the case.
Even successful business owners can encounter cash flow problems. You may not have control over when bills must be paid versus when your customers pay. Or unexpected repairs or broken machinery could throw a wrench in your budget. Small business owners quickly learn that having access to capital for emergencies can help them survive and stay in business.
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