By: Chris Beals. GreatAmerica – Cash flow is an important indicator of the health of an organization, yet it’s a common challenge for many business owners. Even businesses that are growing quickly and seeing a steady rise in profits year over year can have cash flow related issues.
In times of economic uncertainty, strong and secure cash flow in the form of contracted recurring revenue can provide some stability and assurance that payments will continue to flow into the business. In my relationships with our clients, I get to learn a lot about the challenges they face day to day.
Cash flow is commonly mentioned as an area of concern that business owners are constantly looking to secure and improve. Economic impacts in the past and the current pandemic heighten these needs even more.
Click here to read the rest!
SOURCE GreatAmerica
