Chances are, money is not your business, but without it, you have no business. While you likely excel at the services you offer or products you supply, it is necessary for you to have a good understanding of cash flow and how it can affect your business.
Money IS our business here at National Business Capital & Services so let us share some thoughts.
Cash flow is the movement of money in and out of the business. To have a positive cash flow, you must have more money coming into the business than going out. A negative cash flow means there is more money going out than coming in. Projecting the cash flow is an important part of managing a business.
A cash flow statement is typically broken down into three categories:
It is imperative that you understand how cash flows in and out of your business so that you are prepared to cover all expenses and take advantage of all opportunities.
Unfortunately, even the best planning can fall short. If that happens, it is important to know sources you can turn to for help. That’s where National Business Capital & Services comes in.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.