Why Buy a Digital Service Business
Acquiring Minds
00:00
How to Turn a Negative Cash Cycle Into a Positive Business
Carl: We bought a business knowing that there's some things easy levers to improve. The first year when we were growing really quickly, and second too, we had a negative cash cycle. He says he moved everything to upfront billing because growth sucks cash. Carl: If you see a business and you buy it and it's got this negative cash cycle, if there's any way you can turn any of it positive, it's going to be a huge win from like a, especially as you start to really move the growth, growth levers up.
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