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00:30 What is cash flow?
02:00 Tips to manage cash flow
02:20 Pay later
03:10 Negotiate hard
04:30 Salary payment
05:10 Post dated cheques
06:03 Credit card utilization
06:49 Receive earlier
08:35 No investment
10:35 Continuous sales
12:26 Loans
12:36 Business loans
12:50 Loan against property
13:15 Loan against stock
14:06 Delay tax payment
14:32 Advance tax
15:40 TDS
16:16 GST
The term cash flow represents the money flowing in and out of your business each month. This movement occurs in two ways – cash comes in through your customers via sale at the time of purchase of your products/service, and cash goes out as payments for rent, mortgage, loan, taxes, employee wages, etc. As a business owner, it is important to always have some balance amount in your business account. If there is a deficit of cash flow, i.e., more money is going out instead of coming in, then you will be unable to pay your employees/vendors which may result in stalling of your business. Thus, cash flow planning plays a major role in running a successful business. In this video, we will learn about some important tips for efficient cash flow planning.
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