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YOU CAN'T DRINK YOUR WAY OUT OF A CASH FLOW PROBLEM
Published about 21 hours ago • 5 min read
PROFITABLE BUT NO CASH: YOU CAN'T DRINK YOUR WAY OUT OF A CASH FLOW PROBLEM read on smbfinanceos.com Recently, I was reading a fable with my kids. It went something like this: Some hungry dogs saw a group of hides at the bottom of a stream. The hides were exactly what they wanted. The problem was the water. The hides sat below the surface, too deep for the dogs to reach. So the dogs held a council. They decided the best plan was to drink the river dry. They lapped and lapped until one dog...
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