Discussion
Questions
1.What cash flow information
are you currently/planning to track in your business?
2.What tools or systems
do you find helpful, or believe you will find helpful, in managing
cash flow in your business?
3.Do you have a credit
policy, or do you plan to have a credit policy, for your business?
Why or why not?
4.What are some examples
of credit policies and procedures which both protect the business
and serve to provide positive customer relations?
5.Do you have an expense
budget for your business? What resources did you find helpful in building
a budget for your business?
6.Do you, or do you intend
to, manage your own cash flow system for your business? If not, what
resources will you use to track, measure and manage the cash flow
process? (Example: another employee, contract with a service, accountant...)
7.What computer software
packages do you know about which can help small businesses manage
their cash flow?
