
Manage Right and Steer Clear of the Perfect Storm
Part II
In
this article, I'll walk you through why profits don't always equal cash,
and how to make plans in advance for required funds using a profit plan
and cash budget.
Last
month, we talked about how lack of managing your cash flow cycle can
negatively impact your cash flow. This month, I'd like to talk about
profits vs. cash flow and how seasonal sales can cause you to founder if
you're not careful.
Seasonal Sales
We
define seasonal patterns as the rise and fall in sales, profits, and cash
caused by seasonal demands for a product or services. continued...
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Mastery DVD Preview***
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2007
Business Resource Services
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Resource Services respects your privacy and does not give out or
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