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Cash Strapped?

by Ken Smerz, as seen in LiDAR Magazine, published March/April 2016

Cash is King!

No kidding, but when I can’t get my clients to pay for the jobs we deliver in a timely manner, that’s a significant issue for expenses…and little things like payroll. We actually have a chart we use to forecast accounts receivable versus costs, with intersecting lines that project when we are expecting to run out of cash. And there have been many times when it’s made me nauseous.

Recognizing this as a significant growth issue, here are some things we’ve implemented to address my indigestion.  

As always, I appreciate any comments/feedback you might have and can be reached at ken@eco3dusa.com

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