Cash Flow: Thriving in Uncertainty – Part 3
This is the third of four podcasts looking at how businesses can position themselves for an uncertain economic future.
Michael Fingland, Executive Director at Vantage Performance, says there are many tell-tale signs that we can expect testing times over the next year or so and your business needs to be prepared – either to survive or to capitalise on the opportunities presented by struggling competitors.
This week Michael talks to Phil Dobbie about the need to manage your capital more effectively. He says a more efficient way of operating can add several percentage points to your profit margin, as well as freeing up capital to facilitate growth opportunities as they come along.
So, what‘s involved in turning around your approach to capital management. Spend 14 minutes listening to Michael’s advice in this edition of the Vantage Performance podcast.