Tips on understanding and implementing cash management strategies. Includes how to maximize cash flow, assess your current cash position, and evaluate investment account options.
By: Jill Andresky Fraser
“No financial discipline is more important–and more misunderstood”
“Does Jeff Chasin’s story sound familiar? Chasin and a partner started Commercial Credit Co. LLC, a high-tech equipment-leasing company in Irvine, Calif., just two years ago with $5,000 in personal savings. Their financial formula: land some big clients, try to collect from them quickly, and then reinvest all the proceeds into the business.”
– No cash, no business so you better learn all you can about cash flow. -ed.