It's called cash flow because, when you're in business, cash is never static. Like the tide, it comes in and then it goes out. Unlike the tide, however, it's rarely as constant and dependable. Budgeting for and keeping a close eye on your cash flow can make the difference between surviving or being blind-sided by a sudden cash flow crisis. Two vital cash flow metrics to watch are collection days and payment days. If these two metrics are not aligned, you may want to consider invoice factoring (also known as invoice discounting) as a simple, cost effective solution to gain immediate access to cash. Read More . . .