What is the importance of cash flow management?

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Cash flow management is the most important aspect of the financial health of a business.  Running out of cash is probably the single biggest contributor to business failure.  Many businesses can be profitable, but if they don’t focus on the issues affecting cash flow, they are headed for constant headaches and business failure.

Not being able to pay your bills on time is the biggest problem for many business owners.  It creates anxiety, poor staff morale and limits the ability of the business to grow and prosper.