If you're a small business owner struggling related to cash flow issues, you're not alone. According to Forbes, 82% of small businesses in the U.S. struggle to keep up with cash flow.

Palm is here to help. We've gathered the top five things you should consider when you're ready to take control of your cash flow once and for all, including creating your free Palm account.

Financial Forecasting

As Forbes reports, it's responsible and advisable to have a financial forecast. from managing cash flow to strategizing investments. By anticipating income and expenses, you can maintain a healthy cash flow essential for sustaining operations. Not sure what to anticipate or where to start? Visit our blog post on the top spend categories for small business and create your free Palm account to take control of your cash flow and expenses.

AI Expense Tool Management

As we've mentioned, understanding your expenses can be daunting, especially if you're not tracking them automatically. This is where an AI tool like Palm can help with cash flow and expense management for small businesses. Connect your business accounts in a few easy steps and start receiving automated spend updates and insights to help you save time and money.

Benchmark Your Business Costs

Do you know what businesses like yours are spending on insurance? We do.

By using a tool like Palm and connecting your business accounts, you can use AI to benchmark your business against others like yours against your biggest expenses. These factors are personalized and take into account things like your location, business type and industry, etc and use AI to detect where we think you could be saving. We're always looking for ways to help you succeed.

Create your free Palm account today to get started.

Access Low Interest Funding & Grants

One way to grow your business and infuse healthy cash flow into the business is to obtain low or no interest funding. On our blog, we have put together the list of grants to consider at the local & state, corporate and federal levels. Grants are loans that don't need to be repaid, but they do take time and effort to apply for. We have broken it down for you. To receive weekly tips for how to grow your business like these, sign up for your free account today.

Lower Costs With Automated Savings Offers

Finally, once Palm's AI detects savings opportunities, it is also able to match you with savings offers to switch and save on your biggest expenses like insurance, for example. These switch and save offers would take hours for small business owners to shop and find, and by automating this, you can save many hours and save hundreds to thousands of dollars.

As you can see, using an AI cash flow & expense management tool is the modern way to do business expenses to save time and money. Don't forget to create your free Palm account today and keep checking our blog for updates to save you time, money and peace of mind.