article thumbnail

Why Is Cash Flow Important To Survive In Our Tough Business Climate?

Growth Institute

It’s time that your entire management team learns the importance of your business’s cash flow story. Cash is king or queen. Having adequate cash flow shows your organization’s capacity to fund business growth and repay debt. Your entire management team must access and understand your cash flow story.

article thumbnail

HR Finance 101: A Guide To Finance for HR

AIHR

They need to understand finance and accounting to make a difference as strategic partners in the planning and management of a large organization. Debits and credits are terms that refer to transactions entered in a double-entry system of accounting. A transaction is entered into an accounting record, typically in the ledger.

Cash Flow 117
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Taking Emotion Out Of Long-Term Decision-Making

Chief Executive

We remember the time that our analysis clearly showed one particular factory was a liability, costing the company precious cash flow to keep it running. Another client was resolute in acquiring a company, despite the additional capacity not increasing company cash flow. Quite the opposite. It’s as plain as day.”.

article thumbnail

Registering Your Small Business: Single-Member LLC vs. Multi-Member LLC

Zenefits

If someone attempts to sue your business and you’ve filed as an LLC, they usually can’t come after your personal assets. After choosing your business structure and setting up your business, you’ll want to set up a business bank account, and either use direct deposit or a payroll platform to automate this process.

article thumbnail

Dos and Don’ts During a Hiring Freeze

Zenefits

Cash flow is critical for any business, big or small, across all industries. Hiring freezes are painful, but something has to give when cash flow is down. And for some businesses, hiring gets the ax until the cash starts flowing again. No account yet? Maintain liquidity. Survive an economic downturn.

article thumbnail

Stop Using The Wrong Inventory Metrics

Chief Executive

These are your large, high-profit accounts. Some are important development accounts and/or technical/fashion leaders. The majority of your profit desert customers, however, are small accounts. They generate significant additional profit, cash flow and customer service benefits. Profit peak customers.

Metrics 98
article thumbnail

Aligning People Ops Strategy for the 5-Stage Business Cycle

Zenefits

They are an asset, a client, and a contributor. Generally, the economy is good, debt is low or paid on time, and cash flow accumulates. When a business begins to recover from depression, you will likely see increased cash flow and higher productivity. No account yet? Bookmark( 0 ) Please login to bookmark.