Cash Flow Management


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Cash Flow Management
10102061010202 Cash Flow Management
INTRODUCTION Nothing is as important to a business as positive cash flow. As I often tell my students, "For any business, depending on the entrepreneur's gender, positive cash flow is King or Queen!" Without cash, an entrepreneur will not be able to buy inventory or equipment, make payroll, pay bills and utilities, or repay debt. Cash is necessary not only to keep a business going, but also to grow the business. Seth Godin, who is renowned for his digital marketing insights, founded Yoyodyne, an online direct-marketing company that he later sold to Yahoo! for $30 million. As an entrepreneur who b…
Citation
Steven Rogers: Entrepreneurial Finance, Third Edition: Finance and Business Strategies for the Serious Entrepreneur. Cash Flow Management, Chapter (McGraw-Hill Professional, 2014), AccessEngineering Export