You have all heard the expression “Cash is King”. Did you ever think that it applies to the way you manage your business? Well read this! As you manage your business from day-to-day you need liquidity, that is cash. Cash is required to pay your bills […]
Tag: working capital management
Keep Your Eyes on the Books
In teaching BE 261 and CEO 003 I often tell my students that they should at least understand the accounting and bookkeeping practices involved in their businesses. They should be able to speak the language of their accountant or bookkeeper and be able to ask […]