Using your cashflow statement for decision-making
Finance & Funding
Key learnings
- Cashflow statements are an essential tool for managing the health of your business finances.
- During the cost of trading crisis you can use your cashflow statement to help you make better business decisions for the short to medium-term.
- Use scenario planning to stress test your finances and see how different challenges and opportunities affect them.
Whether you're a start-up or an established business, your cashflow statement is a powerful tool to help you make smart decisions to navigate the cost of trading crisis.
Here, the team at Transmit Startups have compiled eight questions that your cashflow statement can answer. Helping you to make better decisions about:
- Adjusting payment terms
- Reducing costs
- Paying off debt
- Taking on liability
- Borrowing
- Making sales
You can also download our cashflow management template to generate a statement for your company.
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