Baal-zebub
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Joined: 01 Jan 1970
Posts: 124
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 Posted: Fri May 19, 2006 8:11 pm Post subject: Cash (Flow) Is King |
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<p><em>Cash Flow's Impact Cannot be Overemphasized</em> Says Jeff Cornwall, the Director of the Belmont University Center for Entrepreneurship. The Professor reminds us that, "Cash flow, as they say, is king. We tell entrepreneurs this truism all the time. So why is it so true?" </p>
<p>Cornwall gives us his <a href="http://forum.belmont.edu/cornwall/archives/000379.html">top six reasons</a> for the importance on maintaining positive cash flow. One of my favorites is his number five,</p>
<blockquote>Strong cash flow makes periods of rapid growth less perilous. One of the most dangerous periods for any business is times of rapid growth. And one of causes of failure during growth is poorly managed or inadequate cash flow. Building strong cash flow going into periods of rapid growth can make these times much less dangerous for the business' survival.</blockquote>
<p>Dr. Cornwall has it right, as you would expect. He received his doctorate from the University of Kentucky in management and organization. He blogs at <a href="http://forum.belmont.edu/cornwall/">The Entrepreneurial Mind</a>.</p>
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