Managing Your Cash Flow:
t is every bit as important as your business’s ability to deliver its goods and services.  Consider this- if you fail to satisfy a customer and lose that customer’s business, you can always work harder to please the next customer.  But if you fail to have enough cash to pay your suppliers, creditors, or your employees, you’re out of business!
Courtesy - Bruce Smith, Westlink Finance
A healthy cash flow is an essential part of any successful business. 
A cash flow budget is a good way of predicting your business’s cash flow for the next month, 6 months, next year or longer.
Improving your cash flow will, without a doubt, make your business more successful.  Making sure that your debtors are collected within time or better and creditors are paid when due and not before hand, are key factors.
Filling your cash flow gaps: from time to time, almost every business experiences the need for more cash than it has.  If you find yourself in this position, you may have to borrow money to fill the gap.
  • How much cash does my business have?
  • How much cash does my business need to operate and when is it needed?
  • Where does my business get its cash and spend its cash?
  • How do my income and expenses affect the amount of cash I need to expand my business?
Understanding cash flow is the first step in effectively managing your cash flow.  There is more to it than just a fancy term for the movement of money into and out of your business account.
Analysing your cash flow will help you identify some of the problem areas in the cash flow cycle of your business.  You need to look individually at each of the important components that that make up the cash flow cycle, to determine if it’s a problem area or not.
No doubt about it, proper management of your cash flow is a very important step in making your business successful.
Handling any cash surplus is just as important as the management of money into and out of your cash flow cycle.  With the proper management of your cash flow, you might find yourself with extra cash on which you can earn investment income.
If you can answer these questions, you are managing your cash flow.
In summary, examining your cash inflows and outflows, and looking at the different components that have a direct effect on your cash flow, allows you to answer the following questions:-
Orange, Bathurst, Blayney, Forbes, Parkes, Dubbo, Wellington, Dunedoo, Gulgong, Mudgee, Cowra, Young  - Central Tablelands, Central West NSW and their surrounding villages and towns,

  Katoomba, Blackheath, Mount Victoria, Hartley, Lithgow, Portland, Blue Mountains NSW and their surrounding villages and towns.
~  Discover Central NSW ~
Central West NSW, Central Tablelands NSW, South West Slopes NSW, the Blue Mountains NSW
Finance, Investments, Budgets & Cash Flow..Debt Crisis Management
Can't find what you're looking for?
Use the Search box...
Highway West NSW
Family of
TOWN & AROUND WEBSITES

Central West NSW
Orange Central West NSW
Bathurst Central West NSW
Blayney Central West NSW
Parkes Central West NSW
Forbes Central West NSW
Wellington Central West NSW
Dubbo Central West NSW
Dunedoo Central West NSW
Gulgong Central West NSW
Mudgee Central West NSW
Cowra Central West NSW
Young Sth West Slopes NSW

Central Tablelands NSW
Portland Central Tablelands NSW
Lithgow Central Tablelands NSW

Blue Mountains NSW
Hartley Blue Mountains NSW
Katoomba Blue Mountains NSW
Blackheath Blue Mountains NSW
Mount Victoria Blue Mountains NSW





INTERACTIVE MAP OF the HIGHWAY WEST NSW REGION
Click here
Hints & Tips on - arts, crafts, hobbies, auto, beauty, business, computers, environment, family, fashion, finances, gardening, health, recipes, drinks, household, internet, conversions, pets, photography, real estate, safety, websites.
Handy Hints and Tips
How To; Where To; Why To; Where Is; What To; When To; How To Help; Help With...
View EVENTS and  ATTRACTIONS, ACTIVITIES in Central NSW.
View ATTRACTIONS, ACTIVITIES in Central NSW and the Blue Mountains NSW.
View ANNUAL EVENTS  in Central NSW and the Blue Mountains NSW.
Site by Webthingys
Efficient, affordable web sites & the Highway West NSW  Town Sites
Webthingys creating efficient, affordable web sites for you...
Finance, Investments, Budgets & Cash Flow..Debt Crisis Management
FINANCIAL SERVICES:
Orange & Central West NSW Financial Services, Home Loans - Mortgages.
MANAGING YOUR CASH FLOW