How can we manage cash flow in a recession?

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How can we manage cash flow in a recession?

Recession results in a slowing down of the economy that eventually leads to a series of cash flow challenges. It is crucial for a company to manage uncertainties by building and implicating strategic approaches that provide an appropriate solution for cash flow problems. The recession adversely affects the company’s growth in several ways. Delayed payments and unpaid invoices pose cash flow issues to small and medium-sized businesses.