Readies reckoner: Tony Alleeson offers a ten-step plan for assessing, managing and improving your organisation's cash flow.
Financial Management (UK) › Nbr. 2009, May 2009
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Readies reckoner: Tony Alleeson offers a ten-step plan for assessing, managing and improving your organisation's cash flow.
1 Always remember that it's a shortage of cash (not profit) that kills businesses.
Many younger accountants, entrepreneurs and businesses will never before have experienced either a recession or serious cash constraints--and certainly not in an economy where customers, suppliers, competitors and even financiers and professional advisers are having similar difficulties. The adage "cash is king" barely conveys the imp...See the full content of this document
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