{"product_id":"cash-is-king-maintain-liquidity-build-capital-and-prepare-your-business-for-every-opportunity-hardcover","title":"Cash Is King: Maintain Liquidity, Build Capital, and Prepare Your Business for Every Opportunity - Hardcover","description":"\u003cp\u003eby \u003cb\u003ePeter W. Kingma\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn illuminating exploration of the importance of your company's cash position and the steps you can take to ensure organizational liquidity\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eCash is King, \u003c\/i\u003e working capital and cash strategist Peter W. Kingma delivers an insightful and practical discussion of why your company's cash position should be on an equal footing with sales, cost, and service, and how to make that happen. You'll learn why cash is the fuel in your corporate engine and discover the attributes of an organizational cash culture and how to adopt them within your own firm. \u003c\/p\u003e\u003cp\u003eWhile explaining some of the most important--and most misunderstood--corporate finance concepts, this book is not a finance textbook. Instead, it uses case study examples to offer concrete suggestions for improvements in your company that increase the availability of cash when you most need it. You'll also find: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDiscussions of the importance of sufficient liquidity for operational concerns, research and development, and capital improvements\u003c\/li\u003e \u003cli\u003eExplorations of the consequences of insufficient cash positions\u003c\/li\u003e \u003cli\u003eExaminations of the ripple effects of seemingly small decisions that affect cash supply\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn essential resource for managers, executives, and business leaders everywhere, \u003ci\u003eCash is King\u003c\/i\u003e is an effective and hands-on exploration of cash as the lifeblood of any modern commercial entity and an incisive guide to ensuring that your company will have enough of it when its required.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eNo business can survive without sufficient cash on hand. Despite this, many companies subordinate the importance of liquidity to operational, accounting, or other interests that result in cash shortfalls exactly when that cash is needed the most. This can have profound, sometimes existential, consequences. \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eCash Is King\u003c\/i\u003e, working capital and cash strategist Peter W. Kingma delivers an incisive, hands-on discussion of how to put your company's cash position on an equal footing with sales, cost, and service, and why you need to make that happen now. You'll learn why cash is the fuel in your firm's engine and discover the attributes of an organizational cash culture, as well as how to adopt those principles within your own organization. \u003c\/p\u003e\u003cp\u003eThe book explains some of the most critical and commonly misunderstood corporate finance concepts, diving deep into illuminating case studies and examples without drowning the reader in mathematics or accounting concepts. It demonstrates concrete strategies you can apply immediately in your own company to increase the availability of cash when you need it the most. \u003c\/p\u003e\u003cp\u003eA transformative resource for executives, managers, and business leaders everywhere, \u003ci\u003eCash Is King \u003c\/i\u003eis the effective and practical exploration of the lifeblood of contemporary commercial organizations that you've been waiting for. It's an insightful guide to ensuring your company has the cash it needs when it's required.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn easy-to-follow playbook for one of the most important yet often overlooked business requirements--managing cash and working capital\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eCash Is King\u003c\/i\u003e is not a dry corporate finance textbook. It is an easy-to-read account of strategies leaders must take to improve the generation and preservation of cash from operations. Cash enables research and development, funds capital investments, and ensures businesses are agile and resilient--yet far too often, the concepts of properly managing cash and working capital are overlooked. \u003c\/p\u003e\u003cp\u003e\"Peter Kingma's engaging book brings to light that an understanding of corporate cash flow cycles is as foundational as understanding profit and loss statements. Sales and earnings meet their complementary match, completing the business model and determining investor returns and financial strength. This is the definitive book on corporate cash cycles and working capital management that will help leaders build more resilient, more valuable organizations. \u003c\/p\u003e\u003cp\u003eThis book should be mandatory reading for anyone aspiring to corporate leadership, especially within a working capital-intensive company.\"\u003cbr\u003e \u003cb\u003e--CHRISTOPHER VOLK, \u003c\/b\u003eformer President, CEO, Chairman of STORE Capital, and author of \u003ci\u003eThe Value Equation\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"Peter Kingma offers a strong framework to create a 'cash culture' that will help leaders execute their strategies and tactical activities, and thus ensure that their businesses maintain liquidity, build capital, and prepare for success.\" \u003cbr\u003e \u003cb\u003e--PATRICK ESPOSITO, \u003c\/b\u003ebestselling author of \u003ci\u003eThe Structure of Success\u003c\/i\u003e, President of ACME General Corp., and Founder\/CEO of Initiative Labs LLC \u003c\/p\u003e\u003cp\u003e\"I recommend Peter Kingma's insightful book to anyone who not only wants a roadmap to the new cash flow normal, but more broadly, who seeks to navigate this new road to become a better business manager, leader, and investor. His three decades of firsthand experience and unparalleled wisdom can be taken to the bank.\" \u003cbr\u003e \u003cb\u003e--JOAN T.A. GABEL, \u003c\/b\u003eChancellor, University of Pittsburgh\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e \u003cb\u003ePETER W. KINGMA \u003c\/b\u003e has over thirty years' experience advising some of the largest and most recognizable corporations in the world on their financial positions. He is an expert in helping firms increase cash on hand from operations and the effective use of capital. He is a strategy and transactions principal at EY Parthenon, leading the working capital practice in the Americas.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 208\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.79 x 9.29 x 6.28 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e May 07, 2024\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51764094009632,"sku":"9781119983354","price":28.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/501127cd4a7eafaf9963debb5f7cbfe9.webp?v=1780243496","url":"https:\/\/ebocreations.com\/products\/cash-is-king-maintain-liquidity-build-capital-and-prepare-your-business-for-every-opportunity-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}