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Cash flow killed the cow

One thing that always surprised me as an entrepreneur was the impact of cash flow on my business and life. In 4 years of studying I hardly ever heard the term. Yet, ask any entrepreneur and cash flow is always at the top of their mind. Without cash – you don’t survive. Period. Learning how to properly manage cash; when it comes in, when it goes out, when you invoice, unexpected expenses, banking fees. Cash related matters are a critical component of managing a business that can only be learned on the job. You learn this at the School of Hard Knocks, not in a classroom. Just a thought.