Cash management is critical for business success, yet it's often overlooked, affecting the longevity of many small businesses. It involves managing cash inflows and outflows to maintain financial stability. Effective cash management ensures timely payments from clients and manages expenses efficiently. Enhancing cash flow can be achieved by optimizing payment processes like using online payments, offering multiple payment methods, and creating favorable payment terms. Tools like mobile deposits and accounting software aid in tracking and improving cash flow, essential for business survival and growth.

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