4 ms·
In my business float is the big one - we pay our contractors at completion of work, which means if our clients pay us when they receive the goods, we’ve got to
by nmcfarl 14y ago
In my business float is the big one - we pay our contractors at completion of work, which means if our clients pay us when they receive the goods, we’ve got to come up with the money to pay the workers before we’d gotten paid. This can get quite painful quickly, and meant in the early days we’d have to turn down large orders because we didn’t have enough float to pay the workers.