What is Liquidity and Why Does it Matter to Businesses?

Businesses need cash to stay afloat. Even with healthy sales, if your company doesn’t have cash to operate, it will struggle to be successful. Liquidity is a measure companies uses to examine their ability to cover short-term financial obligations.

If you are not accurately tracking your expenses and accounts payable, you will experience problems with cash flow.

‘’Poor Bookkeeping can cost the owner business”.