Cash is King - NEW! - Robbinsdale Area Schools Community.
The fast-spreading coronavirus has prompted even the biggest U.S. companies to cut their spending and bolster their balance sheets, proving once again how cash is king, especially in times of crisis.
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As a trusted adviser to SME clients, you will know that cash has always been king. In the current environment, cash is viewed together with a business’s financial headroom to survive and grow. The operations and output of many SMEs’ will be impacted, while their staff and establishment outgoings remain fixed. Business owners, along with their trusted adviser, can review all assumptions.
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In times of crisis, cash is the real king to stay in operations. Everyone needs to pay attention and to contribute to the cause. I encourage all pricing professionals to roll up their sleeves, raise their hand, and support the business and finance teams. The reality is that we all play a key role in managing for cash and protecting the business through severe turbulences. For more advice on.