Mastering the basics of cashflow

Mastering the basics of cashflow

Running your own business brings with it a unique set of challenges, especially once you grow from sole trader to employer. The biggest of these challenges is managing cashflow. A 2016 survey by East & Partners found that more than six out of 10 Australians regularly or occasionally draw upon personal finances, like a personal credit card, to support their business—a practice that does not equate to long-term success.

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