How to spot the warning signs of cash flow issues in your business

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There is nothing more important in business than surviving to fight another day. We all have periods of success and growth and lean times where business is stagnant or declines. The most important thing we as business owners can do in the tough spells is give ourselves time to correct the situation. To do that and continue trading we have to be able to spot the warning signs to ensure we can take the right corrective action. Businesses can survive most things, but running out of cash is the one situation most likely to prove fatal. Continue reading…