5 ways to survive a cashflow crisis

Upset businessman [Courtesy]

Despite careful planning and good intentions, there are times when a small business can find itself in a cash crunch. Often overlooked, cash flow is a crucial element in ensuring the smooth and successful running of any business.

Simply put, cash flow is the money that flows in and out of your business – from profits coming in to expenses going out. Cash flow shortage happens when the incoming money is insufficient to meet...