This is a blog post about a blog post. Philip Campbell is a small business finance author who has a blog, and his specialty is cash flow management. His latest blog post is called "3 really good reasons to put your focus on cash", and its worth reading.
In short, Philip says it pays to make it a priority to keep your cash levels under control. When you run out of cash in business, your business is done. Also, worrying about cash will cause you and your business to self destruct. The solution is know where you stand so you can minimize the worry caused by uncertainty.
As Philip says, this is not about greed, its about peace of mind and keeping your business alive so you and your family can be safe and secure.
Philip donated several copies of his book "Never Run Out of Cash" to the Chamber several years ago, and its a very helpful read for any small business person. We have a couple of copies left, and if anyone wants one just email tpoorman@zmchamber.com.
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