What is Cash Management?

Cash management is the foundation of financial stability and prosperity, whether you're an individual or a business. In this video, we delve into the essential concept of cash management and its pivotal role in maximizing financial resources. Effective cash management revolves around the adept management of planned expenses, sustaining a robust cash flow, and executing well-informed financial choices. It guarantees the availability of sufficient liquid funds to cover daily expenditures, thus averting financial stress. In the case of businesses, it also entails striking the right equilibrium between debt and equity, a critical factor in shaping their financial structure.

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[CecilDSouza]

Very nice clip. Helpful and articulated very well to the listener. Thank you.

[BiblePromise]

Hi Thanks for the video helpful for my domain knowledge 🙌✋