The Top 5 Ways to Improve Cash Flow Management

Leticia Rivero, CPA | Kaufman Rossin | August 8, 2011

Only fifty percent of all new businesses survive after a five-year period, and the greatest way for a business to fail is by poor cash management. Managing cash flow for a business is a key factor to its economic success. These grim numbers stand to worsen for both new and old businesses during uncertain economic times and the current threat of a potential double dip recession. The question for business owners and managers then becomes what important steps they can take to weather the potential oncoming storm.

Leticia Rivero, CPA, is a Entrepreneurial Services Associate Principal at Kaufman Rossin, one of the Top 100 CPA and advisory firms in the U.S.