Envision Financial Expert Shares Tips for Managing Cash Flow and Accessing …
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Envision Financial Expert Shares Tips for Managing Cash Flow and Accessing Credit for Small Business Owners

LANGLEY, BRITISH COLUMBIA, Oct 30, 2012 (Menafn – Marketwire via COMTEX) –Effectively managing cash flow and knowing when and how to approach lenders for credit are two key factors in every small business’ success. This is especially important given that over 30 per cent of all business start ups do not make it past the second year.

Keeping your eye on the “cash”

“One of the key concepts to keep in mind as a small business owner is that your own cash is your cheapest form of financing,” says Norman Attridge, assistant vice-president of small business banking at Envision Financial. “First, every business owner should prepare a cash flow forecast so they understand their cash needs. They then need to maintain good discipline and management to maximize its availability. By properly manag…………… continues on MENAFN.COM

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