The importance of cash flow, by small business accountants in Melbourne
Cash flow is the movement of money into or out of your business, project, or financial product from operating, investing and financial activities. Our small business accountants in Melbourne will tell you the importance of cash flow.
The measurement of cash flow can be used for calculating other parameters that give information on a company’s value, liquidity or solvency and situation.
Without a positive cash flow, a company cannot meet its financial obligations. One of the most important sections of a business that will be monitoring this is management, as it determines the availability of cash necessary to not only pay its financial obligations, but also determine a project’s rate of return or value.
Our accountants for small businesses in Melbourne are all about ensuring your business has a positive cash flow, as it is the lifeblood of the business.
Feel free to contact our small business accountants in Melbourne and make your cash flow really flow.