Monthly Archives: August 2013

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Cash Flow

WHAT DO YOU DO WHEN CASH IS VERY TIGHT? There are times in almost every company’s life when the amount of payrolls and expenses and bills to pay exceeds the cash on hand, and seemingly will continue to do so for some foreseeable period. How do you get through this tough cash flow period? Does the company have a line of credit with a bank or other lender, and if so, has it drawn the full amount of available credit? If not, then borrow additional funds to cover the current cash flow shortfall. If the borrowings are already at the limit of available credit, then you need to carefully manage the cash receipts and disbursements.Whether […]