1069: Mastering Cash Flow with Peter Kingma

Peter Kingma is the Americas Working Capital Leader for EY Parthenon. Working across a variety of sectors such as automotive, aerospace, defense, healthcare, retail and consumer products, he advises business leaders on how to optimize the management of cash. His work has led to well over 25 billion dollars of value creation for his clients.Peter is a regular contributor to leading business publications and podcasts, and often speaks at industry events about his areas of expertise. His clients bring him in to lead planning sessions, consult with management teams, and present to their boards of directors. Kingma who has a degree in economics from Purdue University, lives in Chicago and Columbia, Missouri.Listen to this informative Sharkpreneur episode with Peter Kingma about mastering cash flow. Here are some of the beneficial topics covered on this week’s show:- How it’s vital to focus on cash management, billing, and collection to achieve business success. - How it’s possible to be profitable and still go bankrupt if cash flow is not managed properly. - Why the cash conversion cycle, the process of converting cash into inventory and back into cash, is crucial for business health. - How small businesses need to be aware of their inflow and outflow of cash to avoid financial pitfalls. - How small business owners have the advantage of direct control over their financial decisions. Connect with Peter:Guest Contact InfoFacebookfacebook.com/peter.kingmaLinkedInlinkedin.com/in/peter-kingmaLinks Mentioned:peterkingma.com Learn more about your ad choices. Visit megaphone.fm/adchoices