The New Year is upon us and I am sure at one time in your life you have made a new year’s resolution, or at the very least have made a promise to yourself, that this is the year you are going to make big changes.
The most common challenge faced by business is the management of cash flow or lack thereof. To understand why cash flow is poorly managed we need to look at the underlying cause. This generally occurs due to poor budgeting or a lack of a budget entirely.