They can help you collect and organize all of the numbers needed to calculate your cash flow. This information is something your accountant or bookkeeper keeps track of. Cash flows out through your expenses-think, rent for office space, payments on business loans or credit cards, or outstanding invoices. Cash comes in through customers or clients buying your services. Put simply, cash flow is a record of the money flowing into and out of your business. This is where calculating cash flow comes in. The financial health of your small business should always be a priority to support continued success. Not unlike actual parenting, it takes a lot of time, energy (hello, fifth cup of coffee before noon), and nurturing to ensure your baby is at its healthiest. As an entrepreneur, we know that your business is your baby.
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