Do's and Don't's for Good Cash Management.

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- Subject Terms:
  CASH management; WORKING capital; CASH flow; CORPORATE finance management; INDUSTRIAL efficiency; DEBT management; NEW product development; PRODUCT management; STRATEGIC enterprise management; COLLECTING of accounts; ECONOMICS; MANAGEMENT
- Abstract:
  The article presents suggestions for cash management practices at business enterprises. Working capital is an effective barometer of a firm's operational and financial efficiency. Experts suggest delaying suppliers as long as possible and keeping stocks levels lean. They also recommend avoiding prolific new product introductions without establishing clear product-range management strategies, steering clear of arbitrary top-down targets, and the implementation of effective ongoing collection procedures to prevent excess overdues or build-up of old debtors.