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Strategies & Market Trends : Tang's school of business management for serious investors
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From: Arthur Tang12/13/2006 5:14:29 AM
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Business management to make easy money is done either by accrued or cash accounting.

In accrued accounting, shipments are made as fast as possible. Expenses are accrued and paid as slow as possible. Cash is deposited in money market funds for interest compounding and accumulation.

In cash accounting, the concept is even easier. Spend only if you have cash. The expenses will shrink overnight. And collect billing as fast as you can, before you spend it. Cash flow is the key to management decisions.
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