Survey notes small businesses are like large corporations when it comes to cash flow
Small business owners' attitudes and opinions toward cash management and cash flow indicates a desire for greater efficiency throughout the entire process, according to a new Visa USA survey. These small business priorities mirror the attitudes of larger companies, including the recognition that payment cards are a cash management solution that can assist both the purchaser and seller of goods and services. The survey of 458 small business owners and individuals with financial authority within a small business found broad cash flow trends and challenges, even though specific attitudes vary, based on the size of the business. According to respondents, the cash management issue most challenging for small businesses, regardless of size, is receiving and collecting payments (50 per cent).
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