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How to Analyze a Balance Sheet in a Turnaround
A lot of people have been snuck up on since late February because they haven't looked at Companies through a cash mindset. The balance sheet was always a little mystical to me My guess is that's pretty normal and that's what I've seen in Businesses that I go into most entrepreneurs have a good handle on the p&l and not to balance sheet. So it's really uh, you know Looking at the biggest risk factors and seeing where I can get the most possible leverage out of the assets that we have To accelerate cash generation the other key Is you it's all about having a really really good plan Because generating cash to do the same old dumb stuff Doesn't make any sense.