Posted by William on April 6, 2011
But if cash is king, why is availability so important?
Availability is the extent to which you can pay operating expenses, meet payroll, purchase product, etc. In other words availability is a company’s “purchasing power”, which determines whether or not a company is going to be in business tomorrow. In many ways it does not matter what your bottom line looks like, whether you are extremely profitable or are awash in red ink. WAIT! There is more to read… read on »