Business Finance Bootcamp | Cashflow 02
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Let’s face it. No cashflow = No business.
Poor cashflow can be a death trap for a business. A recent study found 82% of businesses that fail do so because they have cashflow issues.
Inconsistent cashflow is a danger to the health of a business. It stifles growth and can sink a business.
Ultimately, businesses have to deal with negative cash flow due to poor planning.
Whatever the reason, negative cash flow can impact your business tremendously, and this should be a cause for concern.