Revenue is vanity, profit is sanity and cash flow is king

Alan Miltz presented to EO Auckland today on the topic of cashflow – driving home the message that a focus on revenue is vanity.  Rather, entrepreneurs should be looking at four ‘chapters’ of their business: 1. Profit (Revenue, COGS, Gross MArgin, Overheads and EBIT) 2. Working Capital (Accounts Receivable, inventory and Accounts Payable) 3. Non […]

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