Estimated reading time: 7 minutes When E-Systems Corp. took over a struggling electronics contract manufacturer in 2014, the new owners inherited something most companies would envy: a backlog of orders worth almost $1 million. There was just one problem: E-Systems didn’t have the cash to buy the materials needed to fill them. As a newly […]
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How long can you wait for customer payments until your company starts feeling cash-strapped? You buy inventory, store it, sell it, pay your suppliers and then wait… and wait… and wait to collect on your invoices. Wish your customers would pay on time? Wish you had a faster cash cycle? Every business wants that process […]
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You open your inbox on a Tuesday morning. There it is: a letter from one of your key suppliers. Effective next month, prices are going up 12%. No negotiation. No warning. Just a gut punch you are expected to absorb. For most business owners, the instinct is to accept it. The supplier holds leverage. You […]
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Let’s help you get back to a healthy balance sheet. You want to grow your business. Your ideas and customer / supplier stakeholders are ready but your balance sheet is not. Unfortunately, there is too much money tied up in accounts receivable. There is work that you’ve completed or product you’ve already shipped, you’re just […]
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