A new business needs to manage cash flows carefully because if a business runs out of cash, it is out of business.

Name: A new business needs to manage cash flows carefully because if a business runs out of cash, it is out of business.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash is the lifeblood of any business and without proper management, a business can quickly run out of cash and fail. Therefore, it is important for a new business to manage its cash flows carefully.

A New Business Needs to Manage Cash Flows Carefully Because