Book Details
Format
Paperback / Softback
ISBN-10
1846685974
ISBN-13
9781846685972
Edition
Main
Publisher
Profile Books Ltd
Imprint
Economist Books
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 29th, 2012
Print length
224 Pages
Weight
232 grams
Dimensions
21.60 x 13.50 x 1.70 cms
Product Classification:
Budgeting & financial management
AI Summary
Ksh 2,700.00
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Cash rather than profit has always been the ultimate determinant of whether a business survives. For all businesses that want to avoid a credit crunch this guide will be invaluable. This guide explains the six critical aspects of the effective management of cash and cash flow.
The credit crunch highlighted to businesses the importance of cash management, as those firms which ran short of cash discovered when they found themselves in trouble or even went bust.This tightly-written guide clearly explains the six critical aspects of the effective management of cash and cash flow. These involve:·forecasting likely cash receipts and payments·establishing funding lines necessary to cover asset purchases or for working capital ·efficiently managing day-to-day operations with regard to the amount of cash required ·selecting appropriate investment opportunities that result in positive cash flow ·monitoring the profitability of products and services to ensure they are cash generative and not cash destroying, ·having a plan for managing excess cash that exceeds demandCash rather than profit has always been the ultimate determinant of whether a business survives.
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