If a business hopes to turn a profit and grow financially, it must keep a close eye on its cash flow each month. Properly tracking income against your current purchases and regularly updating your reports is crucial for understanding your business’s financial health.
There are various ways to keep track of these monthly finances, and it’s important to choose the right one for you. To help you decide, we asked a panel of Forbes Business Council members to share their favorite methods. Here are some ways you can help keep your business on track.
To read the full article, visit Forbes: https://www.forbes.com/sites/forbesbusinesscouncil/2020/01/21/11-effective-methods-for-keeping-your-monthly-financials-up-to-date/
About Scott Amyx
Managing Partner at Amyx Ventures, Top Global Innovation Keynote Speaker, TEDxWallStreet, Forbes, Singularity U., SXSW, IBM Futurist, Tribeca Fellow
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