The case for understanding cash flow

03/21/2014 | Intuit Small Business Blog

Many small-business owners could benefit by brushing up on their financial knowledge, consultant Richard Weinberger says. "Even if you have an accountant or a bookkeeper working with you, you still need to understand what each item means and where the numbers come from," Weinberger says. Being able to forecast cash flow can allow you to prepare for financial hiccups that could otherwise hurt your business, he says.

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