Cash can be defined as ready money or money (its equivalent such as a cheque) paid for goods and services from a supplier. Cash is referred to as legal currency and is the resource itself ...
Cash is the lifeblood of your business. Every organism needs an adequate supply of blood to live and grow. Therefore, the insufficient or interrupted supply of that blood will cause the organism to die ...
The profit budget lets you know whether the business is viable and how much you can expect to earn from the business over the next financial year. However, because it includes other "non-cash" items ...