Cashflow is king
Added by Jacob Aldridge, over 3 years ago.
With the global economy feeling more buoyant now than six months ago, it's tempting to believe the worst is behind us and revenue growth inevitably awaits.
But forward indicators, and Shirlaws' own research and projections, show that uncertainty and even another economic dip lie ahead. Cashflow remains crucial. Every little thing helps.
What did you do this week to improve your cashflow?
Cashflow Tips from a Bank
Why are Australian banks outperforming others around the globe? It isn't because they ignore some business basics.
Interview with a Nigerian Scammer
If you're not familiar with Nigerian scams, make yourself familiar. If you are, you may appreciate (and despise) the ongoing cashflow scammers milk from their victims.
25 Ways to Cut Costs
Much cashflow advice focuses on bringing money through the door, but don't forget about the money that flows back out again! Review your advisors; sack your spouse(!?)
Incentives and Legends
Even when cashflow is tight, you can still create a lasting culture. It's during these times that small cultural moments become lasting business legends.
Intranet Joke of the Week
A customer emails through an order to one of their suppliers, for a large amount of goods adding up to a substantial sum.
On receipt of the order, the supplier realises that the last, large invoice from that customer was still outstanding. Naturally, he responds "We are unable to ship your new order until we receive payment for the last one."
Opening his new mail the following day, the supplier observes an additional response from the client:
"Please cancel the order. We can't wait that long for delivery."