December 2011
Beginner
380 pages
9h 20m
English
Content preview from CFO Techniques: A Hands-On Guide to Keeping Your Business Solvent and Successful
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Cash Must Flow: Treasury Management
You can be the richest person in the world, with billions in equities and unlimited credit lines. Yet, if for whatever troubled reasons you need $20,000 in cash on Saturday night, you'd better have it under your mattress (the safe behind that Picasso will do, too). The same goes for any business. As a head of finance, you may have at your company's disposal buildings, factories, millions in inventories and receivables, and sizable credit lines. The business may be recording impressive profits that make your financial statements look very attractive. But none of it means that you will be able to meet your payroll ...
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