Money Management is an important aspect for any business whether you are a big f…

Money Management is an important aspect for any business whether you are a big firm or a small one. A business can only survive if there is an inflow of money or cash in order to make payments on time. Creditors, who help the business get the required funding to carry out its operations, would want to be paid on time and in the amount that is specified. If a business does not pay its debts on time, it will have an adverse affect on its financial position and credit worthiness.