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Funding a business
Why Cash Flow Is Important?
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[QUOTE="kayode10, post: 214165, member: 26899"] Raising capital is one of the most difficult job of an entrepreneur especially the new ones. People engage in so many activities to raise capital for their business idea. Two major ways in which someone can raise capital for their business idea is to go to bank to obtain loan or through friends and family. If your immediate family members and friends are not financially buoyant it can be very difficult to raise enough capital from them. The only option is to go to the financial institution but you must have an heavy before you can obtain loan from the institution. After raising capital and launched the business, enterpreneur are always advise to maintain positive cash flow. Cash flow is another word in business worlds. I heard a lot about cash flow but I still find it difficult to understand the concepts to the fullest. I came across the world cash flow when I was reading a personal finance book few years back. It is being said in the book that without a good cash flow there's no way a business will sustain for a long time. I believe once the case is being generated consistently cashflow does not need much attention. This prompt me to ask you guys that why is cash flow important? [/QUOTE]
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Why Cash Flow Is Important?
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