What Is Cash Flow?
Cash flow is one of the most important concepts to understand when it comes to your business. Here is some important information on what cash flow is. What Is Cash Flow? One of the most important concepts when it comes to your business is cash flow. At its most basic definition, cash flow is the total amount of money being transferred into and out of a business. In other words, it's the money that keeps flowing through the business to make sure the lights stay on and you're getting paid. Can you see why keeping track of cash flow might be a good idea? The Ins and Outs Some examples of money coming in includes things like clients paying you for work, customers buying your products, affiliate commissions you receive for promoting other people's products, advertising revenue, residual income for books you've written, rent for property you own and rent out, interest earned on interest bearing accounts etc. Think of all this money flowing into a bucket...