Most small business managers argue that cash management is their main problem. Often walk a tightrope between growth and illiquidity, small business managers face different challenges of money management than their counterparts in large companies. Compared with large firms, small firms are often understaffed and under-trained accounting staff, volatile cash flows dependent on a single product line, limited access to new capital, and a large percentage of their net worth tied up in working capital. These limits are often compounded management attention on economic growth, which could put additional pressure on the system of money management by the increase in net working capital. "Hide
by H. Kent Bowen, Andrew R. Jassy, Lawrence E. Katz, Kevin Kelly, Baltej Kochar 8 pages. Publication Date: December 4, 1998. Prod. #: 699047-PDF-ENG
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