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Wednesday, November 09, 2005

Cash Management Basics

Cash Management Basics: "

Cash Management Basics

Cash is your business's lifeblood. Managed well, your company remains healthy and strong. Managed poorly, your company goes into cardiac arrest.
If you haven't considered cash management an important issue, then you're probably undermining your business's short-term stability and its long-term survival. But how can you manage business cash better?

Start with understanding how good cash-management practices can influence your company's growth and survival by reading 'The Art of Cash Management,' Inc Finance Editor Jill Andresky Fraser's classic article on the topic. Then dive into forecasting your business-cash needs and learning how to handle a cash crisis. Assembled here are practical pieces of advice, tips and tricks from CEOs, and tools that you can use to get a handle on business cash..."

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