MAXIMIZING CASH - ACA Group - Consulting, Training & Systems Implementation

Of all the resources you should maximize, cash is the most important. More businesses fail for want of cash than for want of profit.

Cash flows in a cycle into, around, and out of a business. Cash goes out for facilities, equipment, labor and materials before cash comes in as sales. That upfront expenditure of cash is usually called working capital. You have a limited amount of working...