How to improve your cash flow with suppliers [video]

Posted by James Price | JPAbusiness on 07-Oct-2020 02:00:00

Cash flow is the lifeblood of a business and careful cash flow management has never been more important than it is today.

From a day-to-day point of view, the more cash surplus in your business, the more value in your pocket. Having surplus cash that can be used as working capital also gives your business more options to grow, invest and change.

Taking the longer-term perspective, ability to generate cash is a critical component when it comes to determining the value of the business should you wish to exit. 

In this video I'm focusing on how you can improve your cash flow through your dealings with suppliers.

Continue reading...

Topics: Cash flow, Video, Suppliers, managing suppliers, liquidity, cashflow management

How to improve cash flow with suppliers [video]

Posted by James Price | JPAbusiness on 11-Apr-2018 02:00:00

Cash flow is the lifeblood of a business.

Cash flow has always been important, but it has become even more so in a post-GFC world.

Money was hard to come by during the global financial crisis, so smart companies looked at their total business operations and asked ‘where do I have money tied up that I can use more efficiently?’

In this video I'm focusing on how you can improve your cash flow through your dealings with suppliers.

Continue reading...

Topics: Cash flow, Working capital, Video, Suppliers, managing suppliers, cash flow management

How to ensure your suppliers add value to your business

Posted by James Price | JPAbusiness on 14-Mar-2018 02:00:00

Suppliers are key value drivers in a business.

Suppliers make up a large part of the cost of doing business, but more importantly they assist in providing consistency of whatever product or service you deliver.

The degree to which you’ve got that continuity locked down will allow you to drive more value in your business.

If you’re servicing a customer and you know you can be predictable and deliver at a certain time, then you’re much better at pitching to that customer against a competitor.

Continue reading...

Topics: Business Value, Suppliers, business management, managing suppliers

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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