| 
  • If you are citizen of an European Union member nation, you may not use this service unless you are at least 16 years old.

  • Finally, you can manage your Google Docs, uploads, and email attachments (plus Dropbox and Slack files) in one convenient place. Claim a free account, and in less than 2 minutes, Dokkio (from the makers of PBworks) can automatically organize your content for you.

View
 

Finance

Page history last edited by PBworks 12 years, 11 months ago

FINANCE

 

Time is money. - Anonymous

 

Stratify suppliers into those that: a) must be paid currently, b) accept late payment occassionally, c) take late payment as a matter of informal policy. - James Wicker

 

Offering a discount if the payee pays within a certain period of time is the most effective way of accelerating payment of an invoice. - Ben Casnocha

 

All financial models built of a start-up projecting more than 6 months in the future are guaranteed to be grossly inaccurate. - Ben Casnocha

 

If a start-up company's monthly total expenses is more than $20-25k / employee / month, it's running rich. When it achieves some economies of scale, it should be more like $15k/employee/month. - John Kembel

 

Rapid growth strips businesses of cash. How fast can a business grow? A quick estimate is to divide the operating cash flow divided by net working capital (or how much net cash each sale produces divided by the cash investment in working capital each dollar in sales requires). By changing A/R, A/P, production and inventory policies and even payroll timing, a business can significantly alter its cash sustainable growth rate. - S Milford

 

Return on Invested Time (ROIT) is just as important as monetary Return on Investment (ROI). Money is plentiful; time is not. - Josh Kaufman

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Business Forum

 

 

 

 

 

 

 

 

 

 

Comments (0)

You don't have permission to comment on this page.