Last month, the revenue for your part-time business was R24 580,00. Expenses for the same period totalled R24 190,00 . What was the business's cashflow for the month?

To find the cash flow for your business, you simply subtract the total expenses from the total revenue. In this case, you'd do the math as follows: R24 580,00 (revenue) - R24 190,00 (expenses) = R390,00. So, your cash flow for the month was R390,00, indicating that your business made a profit! Understanding cash flow is vital for any business operation. It’s not just about how much money comes in; it's equally important to track how much goes out. Positive cash flow means you have more money to reinvest in your business or save for future expenses. Keeping an eye on this will help you make better financial decisions!