Managing cash flow is about keeping a business alive. In trucking and other industries operating on tight margins, having cash when needed is the difference between staying in and going out of business. Even a profitable business on paper can fail if it doesn’t have the cash available to cover fuel, maintenance, payroll and other daily expenses.
Cash flow is the lifeblood of operations for owner-operators, fleet owners and small businesses alike. It determines whether the wheels keep rolling,...
https://www.freightwaves.com/news/why-cash-flow-is-critical-to-running-a-successful-business