Need Cash? Look Inside Your Company....(1)

Thanks to the credit crisis, companies are scrambling for cash. Time to take a cold, hard look at the way you manage working capital. According to Kevin Kaiser and S. David Young, there are 6 "don'ts" of working-capital management, i.e: don't manage to the income statement, don't reward the sales force for growth alone, don't overemphasize production quality, don't tie receivables to payables, don't manage by current and quick ratio, and the last is don't benchmark competitors.


............(ntar disambung lg yah hehehe)