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    The Importance of Cash Flows for a New Business

    The Importance of Cash Flows for a New Business

    When making considerations regarding your business’s financial standing, the lack of an accurate cash flow statement means the difference between identifying and acting on profit and loss. A business cannot know its financial standing and make effective management decisions without the presence of a cash flow statement. Cash flow describes the total amount of money flowing in and out of your business. Having positive cash flow indicates that your business has more money comin

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