For a startup to survive, it is essential to manage cash flow. First create a cash inflows and outflows forecast. Relocate towards more urgent expenses such as payroll and rent, scrutinize non essential spending, and bargain better payment conditions with vendors. Keep an eye on the financial reports regularly to spot the problems as early as possible. Follow up on receivables to avoid delays, especially with an Invoice that is being paid immediately. In addition, keeping a cash reserve is usually a good idea so that emergencies can be dealt with. Good cash flow management will reduce the possibility that the startup will run out of money, allow them to grow, and allow for smooth operation.
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