As a business leader, it is essential to stay on top of cash flow best practices, to enable you to run your business/es efficiently and decrease debts. Read this article for best tips on cash flow management.
Growing a Business Broke
Growing a business broke is not an uncommon phenomenon. Yet, it can be avoided or overcome with discipline and measuring the right metrics. Let’s look at business growth and how to balance it with profitability.
Business leaders don’t understand cash flow
Business owners and leaders often don’t understand cash flow, let alone manage it. The numbers can be so complicated that they almost serve no value to the business owner to run the business. Read this article to understand why it’s important to understand cash flow.
The Cash Conversion Cycle
The cash conversion cycle (CCC) is a metric that expresses the number of days it takes for a company to convert its investments in inventory and other resources, into cash flow, from sales. Read this article to understand more of the basics of the cash conversion cycle.