It is imperative for a business owner to understand their statement of cash flow. If you have a good accounting package in place then you can easily run a report at any time. A statement of cash flow can offer a picture of the businessā€™ budget and is a great tool to aid the business owner in driving their business from a financially savvy position. If the business owner understands the ebb and flow of their money then they are better able to make intelligent business decisions.