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On the other hand, if your cash flow generation stops because sales stop, employees are often the largest remaining expense. And you can't delay paying employee
by toasterlovin 6y ago
On the other hand, if your cash flow generation stops because sales stop, employees are often the largest remaining expense. And you can't delay paying employees, unlike vendors. So you have to be decisive, or else you can go from having a healthy company to financial insolvency in the span of a few weeks.