Cash is the life blood of any business; without cash your business cannot survive.
What may appear to be a very profitable business could actually fail due to poor cashflow. The fact that a business is making a profit on paper, and yet is cash tight, is precisely why every business owner needs to understand their cashflow drivers and what exactly is their cash conversion cycle.
BDO Marlborough Tasman Director, Gilbert Robertson will take you through the different elements to consider when creating a Cash Flow Plan while also addressing the seven key causes of poor cashflow.
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