Why Cash is King

Accelerate Your Business Growth

Welcome back to another episode of "Accelerate Your Business Growth"! Today, we're thrilled to have Peter Kingma, a leading expert in cash management join us. In this episode, Peter delves into the critical importance of cash management for businesses, explaining why cash should be prioritized alongside revenue and profitability. He shares invaluable insights on creating a cash culture within organizations, the repercussions of too much debt, and practical advice on improving cash flow, particularly in collections and procurement.

Peter W. Kingma, author of Cash Is King, leads the working capital practice in the Americas for Ernst & Young LLP. With over thirty years of experience, he advises global companies on all aspects of cash management across such sectors as manufacturing, consumer products, retail, aerospace, and defense. He has written for publications including CFO Magazine and CNBC online. Kingma, who earned a BS in economics from Purdue University, lives in Chicago and Columbia, Missouri.

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Each episode of this podcast provides insights and education around topics that are important to you as a business owner or leader. The content comes from people who are experts in their fields and who are interested in helping you be more successful. Whether it’s sales challenges, leadership issues, hiring and talent struggles, marketing, seo, branding, time management, customer service, communication, podcasting, social media, cashflow, or publishing, the best and the brightest join the host, Diane Helbig, for a casual conversation. Discover programs, webinars, services, books, and other podcasts you can tap into for fresh ideas. Be sure to subscribe so you never miss an episode and visit Helbig Enterprises to explore the many ways Diane can help you improve your business outcomes and results.

Optimizing Payment Terms with Big Retailers: "Most big organizations that you deal with will pay you on time as long as you do everything correctly on your end."

— Peter Kingma 00:10:04

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