If you've ever had a customer pay an invoice late you know how hard that can be for your business and how much an impact it can have, especially if you didn't have a lot of cash just sitting in the bank. If this has happened to you don't fret, you're not alone, in fact at any one time almost 30% of all invoices are late.
As a business it's important to always watch your cash flow. It's the way you not only pay your bills, it's also the way you grow and sustain your enterprise. Get too low on cash and you can't pay your bills, danger Will Robinson, danger! Have too much of it around (not likely I know) and you could simply be underfunding your business and holding back on growth for your business.