Do you know the cash break-even point of your business?  My experience with small businesses is that It can take time for them to become profitable. Working with a cash flow projection for your business can help you figure out when you can expect to financially turn the tides. Here's everything you need to know about determining your company's cash break-even point.

Are you able to measure the effect on your cash flow if revenue decreases 10%-30% or more? Managing cash flow can be a challenge for many small businesses. In a cash flow statement, revenue is counted right away, even when it's not yet received from the customer. If your income decreases, there could be a delay in how it may affect your cash flow.

One question I pose to small business owners: "Do you have a six-month cash flow projection?" If not, you may have a difficult time determining how successful your business will be during this COVID-19 pandemic. A projection helps you maintain the relationships you have with loyal customers. It prevents the many problems resulting from a lack of cash.