By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com

Cash flow management is critical for the survival of small and medium-sized enterprises(SMEs), warned a top accountant, who said that the inability to manage funds efficiently is seen as a major issue hindering the success of entrepreneurs.
Hubert Edwards said one of the downfalls of SME owners is that they are unable to stick to a budget and they eventually end up squandering money.
"[Entrepreneurs]have to sit down and understand the risks posed by the business and manage them in a way that allows them to meet obligations at an ongoing basis,"said Edwards, also a senior manager at the Bank of The Bahamas."At the en ...

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