Business is usually full of ups and downs, and as a business owner, you must act wisely. You must arm yourself and recognize a crisis before it occurs. In terms of uncertainty and difficulty in obtaining credit or cash from banks, you must have a need for visibility and begin looking into your funds.

Your best defense is to keep track of the source and understand how cash-flow issues arise. Maintain cash flow because an ounce of prevention is worth a pound of cure when it comes to cash-flow issues, so get serious about reducing your company's fixed expenses. This article discusses cash flow forecasting and how to use a cash flow tool for business and personal purposes.