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Consequently, a business may be short of cash until payment is received.
Michael W. Preis โข 101 Things I Learnedยฎ in Business School (Second Edition)
The Big Book of Cash Flow: Unleash Your Company's Ultimate Potential for Growth and Performance
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An especially fast-growing new company with rapidly increasing sales can be chronically short of cash, because the costs of growth (hiring and training new employees, acquiring new facilities and equipment, financing an ever-growing inventory, etc.) perpetually exceed the cash receipts from the previous, smaller sales volume.
Michael W. Preis โข 101 Things I Learnedยฎ in Business School (Second Edition)
That should cover almost everybody
๐ฅ: @macyagilliam
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In the end, free cash flow is all what matters.
I'll explain you everything in less than 2 minutes: https://t.co/AKktqjXkIR
