Do you know the relationship between A/R Days and A/P Days?
Jack Mencini and Adam Sonnhalter join Jim Blasingame to reveal the power of knowing the spread between your accounts receivable days and accounts payable days, and why this information also makes your banker happy.
More interviews with Adam Sonnhalter »See all
Jack Mencini and Adam Sonnhalter join Jim Blasingame to recommend several steps to take when transitioning ownership of your business to family members, including expecting to provide financing.
Jack Mencini and Adam Sonnhalter join Jim Blasingame to recommend paying some family employees to stay away, and they discuss associated the issues that have to be dealt with, like employee moral.
Jack Mencini and Adam Sonnhalter joins Jim Blasingame to reveal that how different cash and profit are, but how they work symbiotically to sustain your business.
Adam Sonnhalter and Jack Mencini join Jim Blasingame to reveal that if you don’t know the difference between profit and cash, you’ll spend your business ownership career closer to failing than succeeding.
Jack Mencini and Adam Sonnhalter join Jim Blasingame to talk about the management power you can acquire, just by creating at least a 90 day cash flow projection spreadsheet, and using it as a management tool.
