…or rather, how long can my business exist with no inflow?

While businesses appear to fail for many reasons, the majority of problems are cash management related. Perhaps there’s not enough sales to sustain the business, perhaps important and timely purchases were mishandled, or the business cash position has become negative over a period of time and there’s a final ‘death blow’ in the form of a more acute incident that topples the business (2020 – we’re looking at you for this last one!)

With the right information and management techniques, a business can predict how long they can stay in business – knowing this will help prioritize and plan how you manage your cash…and likely keep you in business longer.