{"id":632,"date":"2018-04-19T20:19:08","date_gmt":"2018-04-19T20:19:08","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/?post_type=chapter&p=632"},"modified":"2024-04-29T17:35:29","modified_gmt":"2024-04-29T17:35:29","slug":"why-it-matters-statement-of-cash-flows","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/chapter\/why-it-matters-statement-of-cash-flows\/","title":{"raw":"Why It Matters: Statement of Cash Flows","rendered":"Why It Matters: Statement of Cash Flows"},"content":{"raw":"Managing cash flow is a key to business success. A business that looks profitable on the income statement, may have serious cash issues if they are not collecting from their customers in a timely manner or if sales fluctuates widely month to month.\r\n\r\nCash flow preparation and projection needs to be part of your regular business planning practice. Learning how to not only prepare these statements, but to understand them, will help you as a manager to operate on a solid foundation of profit and positive cash flow!\r\n
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Learn More<\/h3>\r\nThe Small Business Administration has some amazing resources, once you have gone through this module and understand the basics of preparing and reading the statements. The SBA provides\u00a0great information to start projecting your business cash flow<\/a>, along with links to Excel templates and other great resources!<\/div>\r\nRemember, a company can\u2019t run without cash! If we don\u2019t have a good handle on our cash flow, success with be a challenge.","rendered":"

Managing cash flow is a key to business success. A business that looks profitable on the income statement, may have serious cash issues if they are not collecting from their customers in a timely manner or if sales fluctuates widely month to month.<\/p>\n

Cash flow preparation and projection needs to be part of your regular business planning practice. Learning how to not only prepare these statements, but to understand them, will help you as a manager to operate on a solid foundation of profit and positive cash flow!<\/p>\n

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Learn More<\/h3>\n

The Small Business Administration has some amazing resources, once you have gone through this module and understand the basics of preparing and reading the statements. The SBA provides\u00a0great information to start projecting your business cash flow<\/a>, along with links to Excel templates and other great resources!<\/div>\n

Remember, a company can\u2019t run without cash! If we don\u2019t have a good handle on our cash flow, success with be a challenge.<\/p>\n\n\t\t\t

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Candela Citations<\/h3>\n\t\t\t\t\t
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CC licensed content, Original<\/div>