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Managing Cash Flow

What Is Square and Is It Good for Small & Large Businesses?

What is Square?

If you’re considering getting or switching your POS system, you might have run into Square. It’s undoubtedly one of the most widespread mobile payment systems around. If you’ve ever shopped in an online store, there’s a good chance they’re a Square user.

But is this payment system really one of the best you can get? Is Square credit card processing a good deal?

In today’s post, we’ll discuss what Square is, how it works, and what are its advantages and disadvantages. So before you say “SQ my business!” and apply for an account, read on first to find out if it’s right for you.

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Managing Cash Flow

Managing Cash Flow: Strategies & Examples for Business

10 Tips for Managing Cash Flow in Your Business 

As the name suggests, cash flow is the amount of cash flowing in and out of your company. It’s an important tool for diagnosing a business’s financial health.

Positive cash flow is when the money flowing into your business from sales, accounts receivable, etc. is more than the amount leaving through accounts payable, wages, and other expenses, while a negative cash flow means your outflow is greater than your incoming cash. This usually means trouble for any business.

If you’re wondering how to handle cash in a small business, here are some cash flow management strategies to make sure you stay in the positive zone.