Survival in a Tough Economy
Cash Survival in Tough Economic Times A business survives on cash. Making sales may be the objective, but if you don’t collect the cash from a sale in the appropriate amount of time, then making a sale is not enough. A sale needs to be profitable, and that includes a factor for contributing to a cash-positive position for the business. This requires an ability to recognize that there is a ...
Read MoreLea’s Letter- Money!
MONEY! Everything seems to revolve around it these days whether we like it or not. It is about whether we have it or not. Whether our credit card company is going to be around or not (plastic money and cash flow cushion). Money…whether the government has it, is going to spend it, and will either want more of it from us (taxes – income, sales, and payroll) or whether there is a...
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