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Hello class,
As a small business owner, realizing the steps onemust have taken to develop, acquire, or create such a thing can befrightening. They know that something like this brings forthresponsibilities and hard work, particularly hiring people to help thebusiness go as an owner of anything. Having success becomes anunderstatement, while the reality of staying afloat becomes morenerve-racking. Knowing how much cash is available for running thebusiness is essential as it influences whether one can open the doors.However, other entities can show that other business owners use togenerate cash on a cash flow statement. A section referred to as freecash flow is one. Young et al. (2019) state, “The value of the firmequals the present value of its future cash flow, and free cash flow isdefined as the amount of cash generated in any given year from thecompany’s operations, net of the investment to be made; in that year.”Understanding these figures and statements and realizing otheropportunities to generate cash for one’s business can be forthcoming andmind-settling. Looking to one’s future and believing in what has beenmade can bring forth aspirations of what can be made, and with that,motivation settles in. The thought process of running a business becomesprecise and complicated all at the same time.