Do you have responsibility for managing cash flow in a small to medium enterprise or as a manager in a larger organisation, but have limited financial experience? Do you worry that lack of attention to this crucial aspect of financial management could lead to disaster for your business? , written by two leading financial experts, will help employers, managers and consultants to understand more about how to manage cash flow and how it can impact on your business. Whether you are working at home, a growing business or a non-financial manager this book will guide you easily through all the issues, providing practical advice on why cash is king, including why businesses go bust; why profit is not cash, how to deal with creditors and debtors; using supplier credit as a source of finance; debtors and cash collection; financial planning and sources of funding; the pros and cons of debt finance, using your bank effectively and much more. Chapter 1: Why 'cash is king'? Chapter 2: Profit and cash flow Chapter 3: The impact of the business model Chapter 4: Key decisions and start-up time Chapter 5: Cash flow planning Chapter 6: Sources of funding Chapter 7: Controlling capital expenditure Chapter 8: Debtors and cash collection Chapter 9: Managing stock levels Chapter 10: Using supplier credit as a source of finance Chapter 11: Alternative routes to financing Chapter 12: Formats for cash flow reporting Chapter 13: Recruting financial expertise Chapter 14: Using your bank effectively Chapter 15: 'Cash is king' One, five and ten-minute introductions to key principles to get you started. Lots of instant help with common problems and quick tips for success, based on the authors' many years of experience. Tests in the book and online to keep track of your progress. Extra online articles to give you a richer understanding of setting up your own small business. Quick refreshers to help you remember the key facts. Innovative exercises illustrate what you've learnt and how to use it.