Title: Why Cash Matters
Topic: Understanding How Your Cash Flows
COPE ID: 58587-PM
Duration: 1 Hour
Summary: The number one reason that most businesses fail is that they simply run out of money. While it may be true that any number of factors such as lack of planning, poor financial controls, bad management and lack of financial discipline may contribute to the ultimate demise of any organization, what finely slams to the door shut is when business capital is exhausted. Here we will understand how cash flows into and out of a practice, what causes poor cash flow, pitfalls to avoid finding yourself in a “cash crunch”, and strategies for successfully managing your cash flow.