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{"id":785,"date":"2021-06-05T17:46:00","date_gmt":"2021-06-05T17:46:00","guid":{"rendered":"https:\/\/www.forwardai.com\/blog\/?p=785"},"modified":"2022-12-20T08:24:19","modified_gmt":"2022-12-20T08:24:19","slug":"small-business-cash-flow-statistics-the-list-to-end-all-lists","status":"publish","type":"post","link":"https:\/\/www.forwardai.com\/knowledge-center\/blog\/small-business-cash-flow-statistics-the-list-to-end-all-lists\/","title":{"rendered":"Small Business Cash Flow Statistics: The List to End All Lists"},"content":{"rendered":"\r\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-300x200.jpg\" alt=\"Small Business Cash Flow\" width=\"659\" height=\"439\" class=\" wp-image-5907 aligncenter\" srcset=\"https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-300x200.jpg 300w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-1024x683.jpg 1024w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-768x513.jpg 768w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-1536x1025.jpg 1536w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-2048x1367.jpg 2048w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-360x240.jpg 360w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/06\/c-41604-1671521621650-7b437061c72c18016e9b807b8c98c318-1-272x182.jpg 272w\" sizes=\"auto, (max-width: 659px) 100vw, 659px\" \/><\/p>\r\n<p>Cash is king. Cash flow is one of the top small business killers. Money makes the world go round. You\u2019ve heard it all. But what are the current cash flow statistics and trends to back this up?<\/p>\r\n\r\n\r\n\r\n<p>At Forwardly, we know how much foresight matters to your cash flow and overall financial health. Having the right facts at hand makes you better informed and prepared, regardless of the situation. For all the fact hounds out there, here\u2019s our end-all-be-all list of small business cash flow statistics and trends:<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>There are more small businesses than any other kind of business<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>When you look at the numbers, it\u2019s not just size, it\u2019s quantity. Most businesses \u2014 anywhere in the world \u2014 are small to medium-sized enterprises (SMEs).<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>SMEs represent\u00a0<a href=\"https:\/\/cdn.advocacy.sba.gov\/wp-content\/uploads\/2022\/08\/30121338\/Small-Business-Economic-Profile-US.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">99.9%<\/a>\u00a0of all US businesses.<\/li>\r\n<li><a href=\"https:\/\/www.ic.gc.ca\/eic\/site\/061.nsf\/eng\/h_03018.html#point1-1\" target=\"_blank\" rel=\"noreferrer noopener\">97.9%<\/a>\u00a0of all Canadian businesses are SMEs.<\/li>\r\n<li>SMEs also represent\u00a0<a href=\"https:\/\/www.oecd.org\/mcm\/documents\/C-MIN-2017-8-EN.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">99%<\/a>\u00a0of all businesses worldwide.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>Small business cash flow statistics and facts<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>If your SME struggles with cash flow, you\u2019re not alone. Cash flow is a major concern. But it doesn\u2019t have to be the enemy. This is why we\u2019re committed to providing the\u00a0<a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/cash-flow-basics-key-concepts-and-terms\/\">knowledge<\/a>\u00a0and solutions you need to take control.<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>SMEs live and die by their operating\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.forbes.com\/sites\/forbestechcouncil\/2018\/07\/17\/how-smes-can-win-the-battle-for-positive-cash-flow\/#62d4d25e4a46\" target=\"_blank\">cash flow<\/a>.<\/li>\r\n<li>Small businesses of all sizes consider cash flow one of their top 5\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/www.waspbarcode.com\/small-business-report\" target=\"_blank\">challenges<\/a>.<\/li>\r\n<li>Among failed SMEs, 60% cited\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.thebalancesmb.com\/cash-management-is-important-for-your-small-business-393118\" target=\"_blank\">cash flow<\/a>\u00a0as a cause.<\/li>\r\n<li>For every\u00a0$1\u00a0lent to small businesses,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/report-online-lending-empowers-us-small-businesses-to-generate-358k-jobs-and-40-billion-for-the-economy-over-three-years-300657129.html\" target=\"_blank\">sales<\/a>\u00a0of these borrowers increased by\u00a0$2.31.<\/li>\r\n<li>10 of the\u00a0<a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/10-best-businesses-for-cash-flow\/\">best businesses for cash flow<\/a>\u00a0include franchises, finance and insurance, health care and social assistance, home-based businesses, niche restaurants, real estate rental and leasing, retainer-based professional businesses, regulated industries, software as a service (SaaS) and service-based industries.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>Benchmark reports on small business cash flow<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Because cash flow is so crucial to SMEs, it\u2019s the subject of industry research and studies. The following are some of the most recent reports containing small business cash flow statistics. Thank you to all the organizations who put these together. Research is hard work and it\u2019s even more difficult to do it well.<\/p>\r\n\r\n\r\n\r\n<p><strong><a href=\"https:\/\/info.c2fo.com\/working-capital-outlook\/\" target=\"_blank\" rel=\"noreferrer noopener\">2017 C2F0 Working Capital Outlook Survey<\/a><\/strong><br \/><strong><em>(This\u00a0<a href=\"https:\/\/www.score.org\/blog\/small-businesses-seek-cash-flow-find-roadblocks\" target=\"_blank\" rel=\"noreferrer noopener\">SCORE article<\/a>\u00a0also summarizes the survey.)<\/em><\/strong><\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>Three-quarters of SMEs need more cash:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>37% of U.S. SMEs said their need for liquidity increased significantly.<\/li>\r\n<li>34% said it increased slightly.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>How SMEs would\u00a0use <a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/small-business-funding-6-reasons-its-used\/\">additional cash flow<\/a>:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>33% would purchase more inventory or equipment.<\/li>\r\n<li>28% would expand operations, such as exporting to new markets or opening new locations.<\/li>\r\n<li>16% would use it to meet current obligations.<\/li>\r\n<li>10% would invest in employees through hiring, wages and benefits.<\/li>\r\n<li>9% would put the funds into R&amp;D.<\/li>\r\n<li>4% would create contingency plans to deal with unexpected events.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>SMEs and access to funding:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>A majority said that access to traditional and alternative funding was easier.<\/li>\r\n<li>There was a 40% increase in the number of SMEs using business financing.<\/li>\r\n<li>1 in 5 SMEs face difficulties in borrowing from traditional lenders.\r\n<ul>\r\n<li>30% of SMEs feel that high interest rates keep them from using various forms of financing.<\/li>\r\n<li>16% say time-consuming and rigid processes keep them from funding.<\/li>\r\n<li>Global median interest rates are 50% higher for SME loans.<\/li>\r\n<\/ul>\r\n<\/li>\r\n<li>Alternative sources of funding, like invoice factoring and other online options, will be critical to meeting the needs of SMEs.\r\n<ul>\r\n<li>Globally, there\u2019s an unmet credit need of $2.1 \u2013 2.5 trillion.<\/li>\r\n<li>There is equal concern for both long-term and short-term funding.<\/li>\r\n<li>By 2020, alternative lenders will have a 20.7% of the US small business lending market.<\/li>\r\n<li>82% of SMEs are likely or very likely to try new sources of funding.<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<ul><\/ul>\r\n\r\n\r\n\r\n<p><a href=\"https:\/\/www.score.org\/resource\/infographic-small-business-credit-capital-and-cash-flow\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>2016 SCORE Infographic \u2014\u00a0Small Business, Credit, Capital and Cash Flow<\/strong>\u00a0<\/a><em>(References the JPMorgan Chase report, specifically the daily income averages.)<\/em><\/p>\r\n\r\n\r\n\r\n<p>Cash flow, costs, the availability of credit and building revenue are all top challenges for SMEs.<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>It\u2019s harder for SMEs to get approval for business financing:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>38% of businesses with revenue less than $5 million are approved for bank loans.<\/li>\r\n<li>70% of businesses with revenue between $5 and 100 million and are approved for bank loans.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>Why SMEs are turned down for business funding:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>25% are due to poor earnings and cash flow.<\/li>\r\n<li>21% are due to the size of the business.<\/li>\r\n<li>19% are due to insufficient operating history (new businesses).\r\n<ul>\r\n<li>52% of small businesses are less than 10 years old.<\/li>\r\n<li>33% are less than 5 years old.<\/li>\r\n<\/ul>\r\n<\/li>\r\n<li>18% are due to\u00a0<a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/how-accounts-receivable-affects-business-cash-flow\/\"><strong>poor credit<\/strong><\/a>.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>SMEs are better at credit management than larger firms:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>On average, SMEs credit scores are 48 points higher.<\/li>\r\n<li>SMEs are less likely to have revolving bank cards that are 90 days past due.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>Smaller banks approve more loans for SMEs<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>60% of businesses with revenue less than $100K are approved by small banks<\/li>\r\n<li>69% of businesses with revenue between $100K to $1M are approved by small banks<\/li>\r\n<li>88% of businesses with revenue between $1M and $10M are approved by small banks.<\/li>\r\n<li>96% of businesses with revenue greater than $10M are approved by small banks.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><strong><a href=\"http:\/\/synergystrategies.com\/leadership\/top-reasons-why-businesses-fail-by-source-jessie-hagen-u-s-bank\/\" target=\"_blank\" rel=\"noreferrer noopener\">The All-Too-Frequently-Cited U.S. Bank Study<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n<p>Seen this one?\u00a0<strong>82% of all businesses fail due to poor cash flow management or poor understanding of cash flow itself<\/strong>. At Forwardly, we\u2019re careful to reference this statistic because:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>The source is a U.S. Bank study conducted by Jessie Hagen. While this statistic is cited like crazy, it\u2019s difficult to find the original source. Some citations, such as the one above, date back to 2011.<\/li>\r\n<li>Checking her LinkedIn profile, Jessie was the vice president of U.S. Bank\u2019s small business division from 2001 to 2006. So, the report was likely created during those years. This\u00a0<a href=\"https:\/\/www.powerhomebiz.com\/starting-a-business\/entrepreneurship\/main-causes-of-business-failure.htm\" target=\"_blank\" rel=\"noreferrer noopener\">source<\/a>\u00a0puts the date around 2005.<\/li>\r\n<li>Finding consistent statistics on small business failure rates is an equal challenge. This post also goes into the\u00a0<a href=\"https:\/\/fitsmallbusiness.com\/small-business-failure-rates\/\" target=\"_blank\" rel=\"noreferrer noopener\">confusion<\/a>\u00a0surrounding these numbers.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>Late payments are a BIG problem for SMEs<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Cash flow management is all about timing inflows against outflows. When customer payments are late, the cycle gets all out of whack. Unfortunately, this is all too common in the SME universe. The following studies explain why:<\/p>\r\n\r\n\r\n\r\n<p><a href=\"https:\/\/info.c2fo.com\/working-capital-outlook\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>2017 C2F0 Working Capital Outlook Survey<\/strong><\/a><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>24% of SMEs say that their customers are often late paying their invoices.<\/li>\r\n<li>28% of SMEs worldwide struggle with late payment.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><strong><a href=\"https:\/\/www.sage.com\/en-us\/news\/press-releases\/2017\/12\/1-in-10-invoices-paid-late-impacting-small-and-medium-businesses-to-the-tune-of-3-trillion-globally\/\" target=\"_blank\" rel=\"noreferrer noopener\">2017 Sage Report \u2014 The Domino Effect: The Impact of Late Payments<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>1 out of 10 SME invoices is paid late.<\/li>\r\n<li>Late payments to SMEs total nearly $3 trillion worldwide.<\/li>\r\n<li>Over 30% of SMEs experience or expect to experience a direct negative impact from late payments.<\/li>\r\n<li>10% of late payments are written off as bad debt.<\/li>\r\n<li>SME spend nearly 15 days a year chasing payment on outstanding invoices.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><strong><a href=\"http:\/\/www.waspbarcode.com\/small-business-report-accounting\" target=\"_blank\" rel=\"noreferrer noopener\">2015 Wasp Barcode Small Business Accounting Report<\/a><\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>51% of SMEs consider accounts receivable and collections a top business concern.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><em><strong><a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/12-thought-provoking-cash-flow-quotes-and-expressions\/\">Words of the Wise: Our Favorite Cash Flow Quotations<\/a>\u00a0&amp;<a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/the-best-cash-flow-books-for-business-owners\/\">\u00a0Our List of the Best Cash Flow Books\u00a0For Business Owners<\/a><\/strong><\/em><\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>The facts on SME credit reports<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>The current system for evaluating an SME\u2019s credit history doesn\u2019t favor the businesses themselves. Business credit reports are generated by several different organizations and most business owners don\u2019t even know where to start in terms of managing these reports.<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>SMEs suffer awareness issues:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>45% of SMEs don\u2019t know they have a business credit score.<\/li>\r\n<li>82% don\u2019t know how to understand their credit reports.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>Business credit reports are complicated:\u00a0<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Up to 800\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/forbesfinancecouncil\/2018\/06\/01\/how-to-build-your-small-business-credit-score\/2\/#efe110638a16\" target=\"_blank\" rel=\"noreferrer noopener\">different pieces of information<\/a>\u00a0are used to calculate business credit scores.<\/li>\r\n<li>Nearly 25% of businesses find errors or missing data in their\u00a0<a href=\"https:\/\/www.wsj.com\/articles\/SB10001424127887323893504578559420352637566\" target=\"_blank\" rel=\"noreferrer noopener\">credit reports<\/a>.<\/li>\r\n<li>23% of businesses find fixing these\u00a0<a href=\"https:\/\/www.wsj.com\/articles\/SB10001424127887323893504578559420352637566\" target=\"_blank\" rel=\"noreferrer noopener\">mistakes<\/a>\u00a0difficult.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><strong>Why this matters:<\/strong><\/h3>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>SMEs who understand their credit score are 41% more likely to be approved for business financing.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>The facts on SMEs and financial knowledge<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Honestly, unless you earn an MBA, they don\u2019t teach entrepreneurship in schools. Most business owners learn as they go and any gaps in knowledge aren\u2019t a reflection of personal fault. No single person can know everything.\u00a0<em>(Ok, we all know that one guy\u2026)<\/em><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Nearly 1 in 5 business owners don\u2019t have\u00a0<a href=\"https:\/\/www.allbusiness.com\/one-in-five-business-owners-make-this-mistake-do-you-107606-1.html\" target=\"_blank\" rel=\"noreferrer noopener\">separate<\/a>\u00a0business and personal banking accounts.<\/li>\r\n<li>Only 39% of SMEs consider themselves generally\u00a0<a href=\"http:\/\/www.waspbarcode.com\/small-business-report-accounting\" target=\"_blank\" rel=\"noreferrer noopener\">knowledgeable<\/a>\u00a0about accounting and finance.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>The numbers that prove why SMEs trust their accountants<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Thanks to cloud-based small business accounting software, the internet and the modern age, it\u2019s now easier than ever for SMEs to work with an accountant.<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>64.4% of US SME owners use\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.statista.com\/statistics\/623268\/software-usage-in-us-smes\/\" target=\"_blank\">accounting software<\/a>.<\/li>\r\n<li>SMEs consider\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.xero.com\/blog\/2019\/11\/what-makes-accountant-trusted-advisor\/\" target=\"_blank\">accountants<\/a>\u00a0their most trusted advisors.<\/li>\r\n<li>77.7% of small business accountants offer value-added services like<a href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/forwardai-predict\/10-reasons-accountants-should-offer-cash-flow-consulting\/\">\u00a0cash flow consulting<\/a>.<\/li>\r\n<li>70% of SME accountants see their advisory roles becoming more\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cpapracticeadvisor.com\/article\/12395414\/sage-sets-out-to-transform-the-accounting-practice-model\" target=\"_blank\">strategic<\/a>.<\/li>\r\n<li>58% of SMEs don\u2019t expect to meet with their accountants\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.arbitrue.com\/blog\/18-cloud-accounting-statistics-to-know-in-2018\/\" target=\"_blank\">face-to-face<\/a>.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>The statistics on better SME business funding and risk scoring<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>While some of the cash flow statistics in this post may seem downright daunting and depressing, there is genuine hope for the future. Alternative financing options, like online and asset-based lending, are growing and technology continues to advance the cause of SMEs.<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a href=\"https:\/\/www.prnewswire.com\/news-releases\/report-online-lending-empowers-us-small-businesses-to-generate-358k-jobs-and-40-billion-for-the-economy-over-three-years-300657129.html\" target=\"_blank\" rel=\"noreferrer noopener\">Online lending<\/a>\u00a0platforms funded nearly\u00a0$10 billion\u00a0in online loans in the United States from 2015 to 2017.<\/li>\r\n<li>Invoice factoring is a now a $3 trillion industry.<\/li>\r\n<li>Fintech is also revolutionizing risk assessment.<\/li>\r\n<li>SMEs who review their cash flow once a year only have a 36%\u00a0<a href=\"http:\/\/www.thedailymba.com\/2015\/12\/30\/clearing-up-common-misconceptions-about-cash-flow\/\" target=\"_blank\" rel=\"noreferrer noopener\">survival rate<\/a>.<\/li>\r\n<li>SMEs who monitor cash flow on a monthly basis have an 80%\u00a0<a href=\"http:\/\/www.thedailymba.com\/2015\/12\/30\/clearing-up-common-misconceptions-about-cash-flow\/\" target=\"_blank\" rel=\"noreferrer noopener\">survival rate<\/a>.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>Make your numbers work for you<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>At Forwardly, we believe that the financing barriers most SMEs face simply aren\u2019t their fault. In fact, our company began from a conversation where a small business software user asked, \u201cWhy can\u2019t my lender just look at the reports I have in my account?\u201d<\/p>\r\n\r\n\r\n\r\n<p>Applying for traditional business financing can be tedious. So, can managing cash flow. Until now. If you\u2019re a QuickBooks Online user, like roughly millions of other SMEs around the world, you can connect your QBO to your Forwardly account and <a href=\"https:\/\/www.forwardai.com\/forwardly\">start analyzing your cash flow today<\/a>.<\/p>\r\n\r\n\r\n\r\n<p>Your interactive report, filled with insightful charts and graphs, will also contain a proprietary risk score derived from the same near-real-time data. It lets you know where you stand right now, instead of where you stood three months ago.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"330\" src=\"https:\/\/www.forwardai.com\/blog\/wp-content\/uploads\/2021\/05\/Small-Business-Cash-Flow-Statistics-The-List-to-End-All-Lists-1024x330.png\" alt=\"small-business-cash-flow-statistics\" class=\"wp-image-787\" title=\"dfd\" srcset=\"https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/05\/Small-Business-Cash-Flow-Statistics-The-List-to-End-All-Lists-1024x330.png 1024w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/05\/Small-Business-Cash-Flow-Statistics-The-List-to-End-All-Lists-300x97.png 300w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/05\/Small-Business-Cash-Flow-Statistics-The-List-to-End-All-Lists-768x247.png 768w, https:\/\/www.forwardai.com\/knowledge-center\/wp-content\/uploads\/2021\/05\/Small-Business-Cash-Flow-Statistics-The-List-to-End-All-Lists.png 1249w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n<table class=\"table-warning\">\r\n<tbody>\r\n<tr style=\"height: 44px;\">\r\n<td style=\"width: 651px; height: 44px;\"><strong>Try our FREE cash flow forecasting tool designed for small businesses.<\/strong> Stop wasting time crunching numbers and start forecasting in minutes with Forwardly \u2013 all you need to get started is to log into your accounting software. <a href=\"https:\/\/www.forwardai.com\/forwardly\"><strong>Sign up now for free.<\/strong><\/a><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n<p><em>The information in this article is not financial advice and does not replace the expertise that comes from working with an accountant, bookkeeper or financial professional.\u00a0<\/em><\/p>\r\n<p>&nbsp;<\/p>\r\n<p>Image: graphicstock<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Cash is king. Cash flow is one of the top small business killers. Money makes the world go round. You\u2019ve heard it all. But what are the current cash flow statistics and trends to back this up? At Forwardly, we know how much foresight matters to your cash flow and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-785","post","type-post","status-publish","format-standard","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small Business Cash Flow Statistics: The List to End All Lists - ForwardAI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forwardai.com\/knowledge-center\/blog\/small-business-cash-flow-statistics-the-list-to-end-all-lists\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Business Cash Flow Statistics: The List to End All Lists - ForwardAI\" \/>\n<meta property=\"og:description\" content=\"Cash is king. Cash flow is one of the top small business killers. Money makes the world go round. You\u2019ve heard it all. But what are the current cash flow statistics and trends to back this up? 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