A large part of the planning process is dealing with the cash gap.
Those of you in the manufacturing area understand the cash gap well. You have a situation where you need inventory to develop a product, you order material, you receive the inventory, you do your best to get the inventory moving and none of this happens overnight. Between the time that you pay for the material and the time you actually collect money for the product. This video reviews how to manage your working capital and fixed asset acquisitions, as well as managing sources and uses of financing.
Theran J. Welsh, CPA
SVA Certified Public Accountants
- Partner with SVA Certified Public Accountants since 2005
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and assure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
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