The Cashflow Trifecta
Using the 80/20 rule as a guide for where to start & focus your efforts on cashflow
The Cashflow Trifecta Workbook focuses on these 3 areas...
- Stocktakes: Find out what you have on hand. We’ve found that most of the time 80% of the value in stock is in 20% of the stock items.
- Managing debtors: Take a look at who owes money & how much. Usually you’ll find 80% of the money owed is from 20% of the debtors.
- Terms: Review who you extend credit to. More often than not you’ll find that a lot of these could be cash or 7 day terms due to size & frequency. Choose who are your 80% of customers that will be ok with a change in policy.