Cash flow is the lifeblood of any business, essential for daily operations and future growth. In the guest blog Cyndi wrote for Carbon6, she explains how financial statements like the Profit and Loss Statement (P&L), the Balance Sheet, and the Cash Flow Statement can provide insights into your business’s financial health.
It’s essential to understand why inventory can affect your cash flow positively or negatively, and you can learn practical inventory cash flow methods to enhance profitability as well. From setting up dedicated inventory accounts to analyzing your product portfolio and advertising spend, these strategies can help you secure a resilient financial future.
Read the blog here!