If Chez Dove had better cash management, they may have been able to identify and plan for the costs associated with fixing the leaking roof. Cash management is the process of managing the cash flow of a business.
It includes the timing of cash flows, the amount of cash available, and the speed of collecting payments. They could have allocated funds for the repair instead of having to make a large, unexpected payment. Additionally, they may have been able to use alternative financing options like a loan or line of credit to cover the cost of the repair. By having better cash management, Chez Dove may have been able to remain open and profitable.
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