Unlock Your Cash Flow: 4 Must-Know Overdraft Tips Every Small Business Owner Needs!

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Key Takeaways

Understand Overdrafts: Overdrafts provide crucial access to additional funds, helping small businesses navigate unexpected expenses and cash flow discrepancies.
Monitor Your Finances: Consistent tracking of business account transactions prevents overdraft occurrences and promotes financial health.
Set a Repayment Plan: A clear repayment plan for overdrafted amounts minimizes the risk of accumulating high-interest charges.
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