We’ve made some changes over the past month at Bizmanualz, most notably, providing additional articles for our readers. I hope you have enjoyed receiving more information on different aspects of business improvement.

Read the following articles to learn more about the importance of cash procedures to the daily activities of your company and on ways to create strategic growth for your organization.

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In the past few weeks we have discussed how understanding and documenting your cash processes with cash policies and cash procedures can prevent internal fraud and abuse.  Externally, one the biggest threats to your cash are customers who fail to pay for what they purchase. 

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Small and medium-sized businesses rely on a steady, consistent stream of incoming cash – customers paying for goods and services with cash, checks, and credit cards. Many retail and service businesses have multiple people conducting cash transactions throughout the day. Creating a cash policy and cash procedure for important cash handling processes like cash drawer management, end of day closing, or cash in deposits, can be vital to protecting the life blood of your business.

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