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6 Strategies for Optimizing Cash Management When Starting a Business

September 20, 2023

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Iwas asked in an interview once what the three biggest mistakes I made were when starting my business. In coming up with a response, I quickly realized they all revolved around cash management. (For those wondering, I started undercapitalized and with a negative net worth, not understanding the importance of managing a balance sheet and cash flow, and entering a number of down business cycles without enough liquidity to seize opportunities properly.)

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