Cashflowability

As we should all know by now, Cash is king. "Cash rules," as Bill McGuinness says in Cash Rules: Learn & Manage the 7 Cash-flow Drivers for your Company's Success (Washington, D.C.: Kiplinger Books, 2000). In that book, he describes what he means by "cashflowability":

The main measure of a businesss's success is not profitability--the excess of revenue over expense. Instead, it is what I call cashfloability--the excess of cash flowing into the business over cash flowing out. It is quite possible, and even common, for profitable businesses to be cash-flow disasters. (p. 6)

I'll list the 7 drivers tomorrow. If you're interested in a really clear and interesting discussion of cash flow, check this book out. The book gives a website I'm going to check out.

If this or anything else I've written grabs you, post a comment.

Everything I done is entrepreneurial. Check out real estate 2.0 at www.yourstopforrealestate.com/blog and writing 2.0 at www.kearneymusicschoolmurders.blogspot.com.