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How To Fix A Business In 100 Days w/ Jeff Sands, Dorset Partners (Episode 21)
Value Hive Podcast
The Importance of Cash Based Accounting in a Turnaround Period
Cash is your oxygen or your blood you can't that once the business runs out of cash and can't make payroll It's game over. If I've got if I've got a payroll of a hundred thousand do on Friday and I'vegot a million bucks in old inventory sitting on my balance sheet and I've got zero cash I'll take that million to survive another day. We're much further ahead didn't we were we've made great progress But if you look at the P&L you would never know it, but um We're running on survival means well, that's that's literally a forecast right?
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