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Cash Flow Is Top Concern

Cash flow and not the economy is the top concern for small businesses heading into 2011, according to a survey from Miami CPA Firm Gustavo A Viera CPA.
Some 69 percent of small businesses and other finance managers at said the challenge of managing cash flow worries them the most. Forty-one percent of those polled project that cash flow management will remain one of 2011’s top financial management priorities.
However, despite their cash concerns, only 7 percent of finance managers say they plan to slash expenses in 2011, while 39 percent of those surveyed expect their capital investments to increase next year. Roughly 78 percent of those surveyed noted that the economic recovery might take up to two years to materialize and 46 percent opined that one of the surest signs of a lasting upturn will be falling unemployment rates.
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