Cash flow makes companies go bust
Not losses. So it doesn't matter if a business is profitable if it doesn't have cash to pay the bills when they fall due.
That said, a well managed profitable business should be fine. A well managed loss making business might not be.
Posted By: SimonOTBC on May 17th 2016 at 18:24:22
Message Thread
- Re the Debt & maxed out all our credit (NCFC) - ihateipswich, May 17, 17:08:44
- Cash flow makes companies go bust (NCFC) - SimonOTBC, May 17, 18:24:22
- Yes - yes we did ... (NCFC) - loz, May 17, 17:18:56
- I don't think our 'reputation' is at risk (NCFC) - King, May 17, 17:36:26
- Plus our accounts were in very good order at the last AGM (NCFC) - Old Man, May 17, 17:14:27
- Perhaps our bank accounts were hacked (NCFC) - camcan, May 17, 18:18:11
- Ah, I must have it then, according to the email I got from Nigeria this morning (n/m) (NCFC) - CB41, May 17, 18:20:10
- Perhaps our bank accounts were hacked (NCFC) - camcan, May 17, 18:18:11
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