Professional ServicesCASE 01
Debtor days 74 to 29, cash buffer built to 11 weeks
Managing Partner · 31 people · 7 months
A profitable firm on paper with 74 days of debtor days and two months where payroll was genuinely in doubt.
We were the most profitable we'd ever been in the month we nearly couldn't pay everyone. Nobody teaches you that those two things live in different places.Read the case