Managing cash flow is a critical component of running a successful startup. Here are some best practices that can help you manage your startup’s cash flow effectively:
- Create a Detailed Budget
- Create a cash flow forecast
- Monitor your cash flow regularly
- Manage your expenses
- Have a backup plan
- Seek professional advice
Conclusion : As a Startup you should make a proper documentation for in and out of cash flow this will reduce financial stress, and ensure the long-term success of your business.