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Tuesday, July 08, 2008
"Retailers: Turn on Your Financial Headlights!"™
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Retailers - Have Cash Flow Problems?
(Is the Pope Catholic?) Retailers never should be without a cash flow. You can do it on the back of an envelope.
There are just three components of cash flow control: Cash coming in. Cash going out. And, the difference. Tally these for each time period (week or month), and then the "running total", and you have your cash flow statement.
Now you can talk with your bank about a line of credit, because you can show when you can repay the loan.
Why Join The ROI ?
I DO Have a Choice
A consultant wanted $6,000 to turn around my store. Heck, that's ROI Membership for 20 years!
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