Cash flow management is the process of monitoring, reviewing and regulating your cash flows. Cash flow management is essential for an individual and business to survive and prosper. Cash flow is the main indicator of both an individual’s and a company’s financial health. Cash flow management helps to strengthen financial wellbeing through the timely estimation of overall cash inflows and outflows. It also helps avoid cash shortages. Budgeting is also an integral part of cash flow management and is more often than not the first exercise in drafting a cash flow management plan. We in Opes Wealth Trust work closely with both our personal and corporate clients in the areas of budgeting and cash flow management.