CFO cum Business Advisory
5 Power Tips on Cash Flow Management
Be Focused on your Cash Flow Management, it’s more critical than Profitability especially for new Start-ups.
Some useful tips :
1. Know your bank balances every day 9am
2. Daily Sales Closing, Settlement and Bank-in
3. Update Your Cash Book daily
4. Do Cash Forecast, Know what you expect the Cash Balance to be 6 months from Now
5. Don’t Stop reviewing your Company’s performance by just looking at the Profit & Loss Statement, reconcile your Profits earned to Cash Generated for the period
If you need help, feel free to contact us at :
(O) +65 63851011
(M) +65 90880669
