Blog

01.03.15

6 Cash Flow Essentials for Your Startup

It’s not like you’re just in it for the money, but cash flow is vital for any business to survive. In fact, a whopping 82 percent of businesses go under because of inadequate cash management.

So, maybe it should be a little more about the money. Odds are you didn’t become an entrepreneur to deal with cash collection, but a weak system for collecting payments can leave your business crippled with debt, even when your accrual accounting system is showing profit.

In this article, TX Zhuo maps out several strategies to ensure your startup is getting the money that it rightfully earned.