Let’s chat about optimizing cash flow for business success! Meet Peter Kingma, a cash flow expert with over 30 years advising global companies. In this interview, Peter shares invaluable insights from his book Cash is King and decades of practical experience. You’ll learn key strategies like: The crucial difference between profit and cash flow (and why profitable companies can still go bankrupt!) Best practices for managing order-to-cash When taking a loss to sell inventory can make sense How to collect accounts receivable from non-paying customers Negotiating win-win payment terms with vendors Peter keeps it relatable with plenty of real-world stories and actionable tips. This is a must-listen for any small business owner ready to build the cash culture their company needs to thrive! Let me know what cash flow struggles you face or what questions you still have after listening. Peter offers exclusive resources to help dig deeper into these concepts.
Key Notes
- Master cash management strategies to boost your business’s financial health.
- Learn the crucial role of working capital management in sustaining your business.
- Understand the differences between cash flow and profit for smarter financial decision-making.
- Implement best practices for managing order to cash and streamline your business operations.
- Uncover the benefits of establishing a cash leadership office in your business for long-term success.
Links
https://www.linkedin.com/in/peter-kingma/
Meet Peter
Peter W. Kingma, author of CASH IS KING, leads the working capital practice in the Americas for Ernst & Young LLP. With over thirty years of experience, he advises global companies on all aspects of cash management across such sectors as manufacturing, consumer products, retail, aerospace, and defense. He has written for publications including CFO Magazine and CNBC online. Kingma, who earned a BS in economics from Purdue University, lives in Chicago and Columbia, Missouri.
