With cash flow management, you keep your finances in check
Entrepreneurs need to put liquidity management at the top of their agenda right from the start. Though many young entrepreneurs initially created a business or financial plan, the topic of cash flow is often neglected. In addition, the realization of the business idea is the first priority after the foundation. Bringing one’s own business idea to life takes so much time and resources that the topic of financial and cash flow planning steps into the background. In addition, many founders have no commercial background and find it difficult to compile reliable figures for cash flow management. A look at the statistics shows how fatal it can be for a business start-up to neglect the question of liquidity: 80% of all company failures are due to a lack of cash flow planning!