A practical approach for entrepreneurs and investors Entrepreneurial Finance provides readers with the fundamental knowledge to finance, start, grow, and value new ventures, without the complex finance terms and calculations. This comprehensive yet practical approach incorporates a global perspective that appeals to entrepreneurs, investors, and students with diverse backgrounds, knowledge, and experience. From Facebook to Camera+, Gary Gibbons, Robert D. Hisrich, and Carlos M. DaSilva use real-world examples and their professional experiences to bring concepts to life. This text is one of the most readable books in the market without compromising high quality content and resources.
Chapter 5: Cash Flow Management
Cash Flow Management
- To understand the meaning of working capital
- To understand the different types of cash flow
- To understand the cash flow cycle
- To learn strategies for improving cash flow management
Case: De Werks, S.A.
It was Friday afternoon, and the staff were about to leave early for the weekend. Carlos was sitting in the same office as Roberto, CEO and founder of De Werks, S.A. De Werks is a company founded in 2004 and headquartered in northern Italy. The company had become the largest advertising portal for jobs in the country and had expanded its operations to Serbia, Bosnia, and Herzegovina. The numbers posted on the wall of its office looked good. The company had [Page 68]exceeded its sales projection by a large amount, ...