We made it! It's Friday! Today we cover a client email about cash flow. What does an increase in a company's accounts receivables do its cash flow? It doesn't help it! Money owed is great on the balance sheet, but not in the bank account. In this episode we cover payment terms on both accounts receivables and payables and some guidelines for making sure the company cash flow stays in a good place. Check out the website for more content www.bcbousa.com
