Notice: Trying to access array offset on value of type bool in /home/flixwrit/domains/ on line 2421
SOLVED : Unit 6 Assignment - You be the Consultant: The Challenges of Cash Flow - Ray writers



Read the exercise carefully and apply what you have learned in answering the questions using no less than 500 words.

Don't use plagiarized sources. Get Your Custom Essay on
SOLVED : Unit 6 Assignment – You be the Consultant: The Challenges of Cash Flow
Just from $10/Page
Order Essay

YOU ARE THE CONSULTANT- The Challenges of Cash Flow

The founders of a small consulting firm recently received a letter from an important Fortune 500 client that the large company would extend its payment terms from 90 to 120 days, a fancy legalese version of were going to start paying you later because its better for us: get used to it, she says. While she waits four months for payment, this entrepreneur must meet the payroll for her two employees: pay, rent, utilities, insurance, and a host of other operating expenses: and purchase new computers and other technology to support the work her staff does. Managing cash flow for her business has become more complex, a situation that many small business owners are facing as large companies stretch their account payable and speed p collections of their accounts receivable.

  • Q1. How typical are the cash flow problems that these companies face? Explain.
  • Q2. What advice can you offer business owners about managing their cash flow?

Please ensure you discuss and describe as required, providing a clear understanding of the material! You are graded on your critical thinking skills and understanding of the concepts.

Grammar, spelling, and punctuation are expected to be correct and professional, and references need to be fully and properly APA formatted

Assignment Resource(s)

Scarborough, N. M. (2019). Essentials of entrepreneurship and small business management (9th ed.). Upper Saddle River, NJ: Pearson. ISBN 13: 9780136879664

Ray writers

Order your essay today and save 30% with the discount code ESSAYSHELP