According to the research done by U.S Bank, the lack of a developed cash flow management in any business creates problems both externally and internally. During the early stages of the growth of 82% of small businesses’ expenses usually exceed greater than revenue. They try to figure out how to manage the whole operations of the business whether its sales, marketing, admin costs, contractor relationships, etc creates a lot of extra spending.

Cashflow planning is critical to prevent a business from going under which leads to most shutting down. It helps remove liabilities that hinder growth and increases benefit realization. The faster you grow, the more financing you need. And the more financing a business requires, the better it is for the owner to know where the money is going whether it can help the business scale or not.

In one specific survey, we found that 84% of health care leaders believe inaccurate financial implementation is the main cause of revenue losses. Tens or even hundreds of thousands of dollars are being lost due to human error and how wellness centers aren’t able to assess the flow of every financial transaction spent.