Your business can be profitable but still hit the wall. Why? Because you run out of cash. That’s why you need to ensure you have a handle on your working capital. Andrew Birch, a director at Vantage Performance, says working capital management can provide the cheapest and easiest form of finance available to your business, but if you ignore it the consequences can be dire.

In this week’s Vantage Performance podcast Andrew talks to Phil Dobbie about businesses that have products which appear profitable, but the up-front cash requirements present an enormous amount of risk.

That’s why it’s vital that every business understands the importance of working capital management. Profitability is vital too, of course, but you’ll never grow effectively without an understanding of how and when your money is being used.

YouTube: https://www.youtube.com/c/MichaelFingland

Linkedin: http://linkedin.com/in/michael-fingland-34a09b3

Website: https://www.vantageperformance.com.au/

Your business can be profitable but still hit the wall. Why? Because you run out of cash. That’s why you need to ensure you have a handle on your working capital. Andrew Birch, a director at Vantage Performance, says working capital management can provide the cheapest and easiest form of finance available to your business, but if you ignore it the consequences can be dire. In this week’s Vantage Performance podcast Andrew talks to Phil Dobbie about businesses that have products which appear profitable, but the up-front cash requirements present an enormous amount of risk. That’s why it’s vital that every business understands the importance of working capital management. Profitability is vital too, of course, but you’ll never grow effectively without an understanding of how and when your money is being used. YouTube: https://www.youtube.com/c/MichaelFingland Linkedin: http://linkedin.com/in/michael-fingland-34a09b3 Website: https://www.vantageperformance.com.au/

At Vantage Performance, everything we do is aimed at building stronger, more resilient businesses so we can improve the rate of business success.

At Vantage Performance, everything we do is aimed at building stronger, more resilient businesses so we can improve the rate of business success.

At Vantage Performance, everything we do is aimed…

Vantage Performance Podcast

Your business can be profitable but still hit the…

Advertisement