What does the term, “financial management” mean to small businesses? Which statements, metrics, and tools are business owners using to guide their financial decisions?
Viably surveyed over 500 small business owners to find out answers to these questions. You might be surprised to find that less than half of small business owners monitor their cash flow. Read the rest of the results below.
Cash flow issues plague 82% if failed businesses. If you’re among the 55% of small business owners that do not monitor cash flow, it’s easy to catch up. Start with the basics in our guide to small business cash flow, and then sign up for our free app to track your business cash in real time.