Tag: accounts receivable
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Cash vs Accrual Accounting: Which is right for you?
There are two ways to track your business’s money, the cash method and the accrual method. In order to keep accurate records, it is important to follow one regularly. Each basis has its pros and cons. Some businesses run better on a cash basis, other on accrual. In order to understand which is best lets…
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Mastering Cash Flow Management: A Key to Small Business Success
Cash flow management is the lifeblood of small businesses, fueling operations, growth, and sustainability. In this blog post, we’ll delve into the importance of effective cash flow management, explore common challenges faced by business owners, and provide practical strategies to optimize cash flow and drive success. The Importance of Cash Flow Management Cash flow management…
Arrowhead Financial 