Capital is the lifeblood of any manufacturing business. Each week, your payroll must be met, overhead covered and suppliers paid. Meanwhile, your customers might not pay on time—or in full—and unanticipated expenses may come up, straining your cash flow.
Applying the following three best practices can help you eliminate much of the heartburn associated with managing your manufacturing facility’s day-to-day capital and help keep your cash flow positive.
File Download: Best Practices: Cash Flow Forecasting