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Principles to Avoid Bankruptcy
By siliconindia
Maintain Cash-Flow Equilibrium
For any business, an imbalanced cash-flow signals trouble. Any deviation in the cash flow indicates the health of the company. Hence, it is a must to ensure that the inflow and outflow of cash are planned well in advance and are executed accordingly. At the first signs of distress, the unnecessary expenses are cut down and it is the companies with mismatched cash-flows that get into troubled waters easily. Though minor deviations are allowed, but overall the cash-flow attributes should be managed and adjusted constantly.
