The survival of your business has been linked to its cash flow handled by business advisory services Singapore. After your business starts to grow, it would slowly consume cash. During duration of huge growth, accounting functions would often be pushed down in the list of administrative responsibilities. At such a time, you may not have adequate time to manage collections, review your business report, and invoices.
Chances are higher that your bookkeeping might end up in a very poor shape. During such periods, you would notice that despite the business has been thriving; you may not have any cash in the bank to show for it.