Working Capital – Do you have any?

Amanda Keetley

1 QUESTION FOR YOU

Are your current assets greater than your current liabilities?

2 QUOTES FROM OTHERS

  • Richard Branson – Business Entrepreneur
    “Never take your eyes off cash flow because it’s the lifeblood of business.”
  • Jack Welch – Former CEO of General Electric
    “If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow.”

3 IDEAS FROM ME

  • The satisfaction from placing a great candidate with a valued client should be reflected in EBIT converting to cash.
  • Timely reporting of actual data against benchmarks will provide relevant Balance Sheet ratios on working capital efficiency. The ratio of financial debt to EBITDA is a critical one relative to the covenants contained in your bank documents.
  • Flexible working capital in your Balance Sheet allows keeping payables current.

About 888X:

888X provides business advisory services focussed on productivity and growth to accelerate your business profit and resilience.

888X takes an innovative, agile and positive approach to business transformation and improvement. We are focussed on, and committed to, our client’s business success. Our expert business advice is delivered with optimism and encouragement. 888X embraces efficient, digital tools that reduce costs and increase revenue.