In the past four weeks, we've brought to light four key areas in which you can save $250,000 each -- for a total of $1,000,000. Point by point, we've shown you just how cash flows through these areas, making up the Cash to Cash Cycle.
And as we've seen, the cash cycle is undoubtedly the single most important process to optimize for any business – from when you spend money to when you get money.
So now let's put it all together.
Cash to Cash Cycle Definition
By definition, the cash to cash cycle is a financial ratio that shows the length time for which a company must finance its own inventory. It measures the number of days between the initial cash outflow (when the company pays its suppliers) to the subsequent cash inflow (Accounts Receivables).
Cash Conversion Cycle and Cash Flows
One way to express this is the length of time between the purchase of Inventory (raw materials, etc) and the collection of accounts Receivable created from the sale of your product -- also called the cash conversion cycle.
Why is this most important? Because this is your cash flow and because…
Operations Assessment and Working Capital
Businesses live and die by the cash generated from operations. If your operations don’t create cash, then they consume it. A cash-consuming operation means that you have negative cash flow and you are living on financing (debt or equity). But the Cash to Cash Cycle also shows you the amount of working capital you have committed to your organization.
Just add the number of days of inventory to the number of days of receivables outstanding, and then subtract the number of days of payables outstanding. The result is the number of days of working capital your organization has tied up in managing your supply chain. This can be quite a significant number - one not to overlook.
This can also be expressed by the formula: stock days plus debtor days minus creditor days equals the cash-to-cash cycle.
So, for example, a company that keeps its stock for on average 30 days, gets paid by its debtors on average within 30 days and pays its creditors on average within 30 days will have a cash-to-cash cycle of 30 days.
Companies that receive cash from their customers at the point of sale and that have their inventory under good control will have a short cash-to-cash cycle. A company could even have either a negative cycle or a cycle time of zero. For example, if a business’ receivables and payables are held in check at 30 days while inventory runs at Just-In-Time (JIT) levels, then the cash cycle is zero – meaning that this company is in good shape with no working capital needs. And, of course, when receivable days are less than payables with JIT inventory, then the company will enjoy a positive cash-to-cash cycle – creating more cash on hand.
On the other hand, however, if a company puts payables down to 15 days and allows receivables to grow to 45 days, while inventory remains at steady levels, the cash cycle will be high. And. here, working capital will be constrained to compensate for inefficiencies.
Processes and Procedures Investments and Inefficiencies
Did you realize that working capital is the investment you are making in the inefficiencies of your processes and procedures plus your investment in your suppliers’ and your customers’ inefficiencies too? In other words, if you do not monitor inventory, accounts receivable, sales and marketing and accounts payable to ensure a healthy cash-to-cash cycle, then your working capital needs will not maintain a strong cash flow. The process will be out of control, and will not be optimized to create the greatest amount of effectiveness for the company.
Policies and Procedures Savings
So now you can see the relationship between your cash flow, your working capital and your cash to cash cycle. In order to increase your cash flow, you need to increase the velocity of your cash to cash cycle by reducing the inefficiencies found in your processes, your suppliers’ processes and your customers’ processes. The result is a decrease in your working capital and an increase in your cash. And, as we've seen, this can be a significant number – again, one that you shouldn’t overlook.
2009/09/03
Online Cash Games-Learn the Secrets of Becoming a Successful Cash Game Player
Online cash games are one of the most profitable sources of income out of ANY gambling game. You completely control your own fate every single hand! You can decide you want to fold, raise, go all-in, etc…and the great thing is you are NOT playing against computers. Every single person you play with is REAL LIFE players from all around the world. Unlike casino slot machines where everything is based on computer generated odds to decide your fate of winning or losing, you get to pick and choose your hands! If you lose, the only person you can blame is yourself.
Many people love free games win cash opportunities. Those are great and all, but you really will never win a stable income looking for games that offer free cash if you win. Half the time you won’t even get paid and is a scam. Stick to playing poker online for cash. You can play at fulltilt poker or pokerstars for lots of cash. They offer HUGE sign up bonuses for new players, 100% deposit bonus match up to 600 bucks. So if you deposit 600 bucks, you already have 600 bucks in your pocket. The only thing you have to do is play a certain amount of hands to unlock the deposit bonus amount. Full tilt releases the deposit bonus in percentages, not the whole thing at once. If you are using the right cash game strategy, there should be no reason WHY you can’t make a consistent income playing cash games online. How to win money in live cash games is a burning question many online poker players ask. The strategies are very similar for cash games online and in person at a casino. The only difference is that you cannot see players facial expressions online but you can easily see them in person if you run into an inexperienced player. A strategy online cash games poker method will put you over the top and turn you into a winning player in NO TIME at all.
Take it from me; I have been playing cash games online for over 20 years. I am a multi-millionaire with over $600,000 in my bankroll ONLINE alone. The majority of my money won came from online play back in the middle 90’s. I won the majority of my money on Party Poker before it was banned in the United States. Now I currently play on Fulltilt Poker and Poker Stars. These sites are great for new players starting out as they offer a 100% deposit bonus up to 600 dollars. That is a lot of money, absolutely free! You can play in the comfort of your own home without the hassle of paying for a plane ticket, food expenses, and hotel fees in traveling to your nearest casino. Plus you have an extra 600 bucks in your pocket by playing online. I hope these poker tips have helped you and I wish you the best of luck in becoming a winning cash game player!
Many people love free games win cash opportunities. Those are great and all, but you really will never win a stable income looking for games that offer free cash if you win. Half the time you won’t even get paid and is a scam. Stick to playing poker online for cash. You can play at fulltilt poker or pokerstars for lots of cash. They offer HUGE sign up bonuses for new players, 100% deposit bonus match up to 600 bucks. So if you deposit 600 bucks, you already have 600 bucks in your pocket. The only thing you have to do is play a certain amount of hands to unlock the deposit bonus amount. Full tilt releases the deposit bonus in percentages, not the whole thing at once. If you are using the right cash game strategy, there should be no reason WHY you can’t make a consistent income playing cash games online. How to win money in live cash games is a burning question many online poker players ask. The strategies are very similar for cash games online and in person at a casino. The only difference is that you cannot see players facial expressions online but you can easily see them in person if you run into an inexperienced player. A strategy online cash games poker method will put you over the top and turn you into a winning player in NO TIME at all.
Take it from me; I have been playing cash games online for over 20 years. I am a multi-millionaire with over $600,000 in my bankroll ONLINE alone. The majority of my money won came from online play back in the middle 90’s. I won the majority of my money on Party Poker before it was banned in the United States. Now I currently play on Fulltilt Poker and Poker Stars. These sites are great for new players starting out as they offer a 100% deposit bonus up to 600 dollars. That is a lot of money, absolutely free! You can play in the comfort of your own home without the hassle of paying for a plane ticket, food expenses, and hotel fees in traveling to your nearest casino. Plus you have an extra 600 bucks in your pocket by playing online. I hope these poker tips have helped you and I wish you the best of luck in becoming a winning cash game player!
Playing The Game: Review Of Neil Strauss's "The Game: Penetrating The Secret Society Of Pickup Artists
A story about a guy who knows next to nothing about girls, then not only meets a secret society of pick-up artists who teach him how to score loads of beautiful women, but also becomes THE master pick-up artist himself, who both his students and his teachers go to for tips on how to deal and score with women. Sounds great, doesn’t it? The best part about it is, It’s true, and documented in Neil Strauss’ excellent book, “The Game: Penetrating the Secret Society of Pick-up Artists.”
If you’ve ever heard of Neil Strauss before, this book provides a fascinating account of what made him Syle, his seduction society pseudonym. And if you have never heard of him, this book will make you WANT to know who he is. Not only does he provide a fascinating look into the many methods of gaining women’s attention—and phone numbers, and panties—but describes in detail the crazy characters who make up this “society of pick-up artists”, as well.
What’s great about this book, as opposed to all the other ones out there for horny guys wanting to get laid, is the way it’s set up. It’s not a lesson-by-lesson tome detailing “forbidden” methods of “tricking” women into going to bed with you. It’s actually more of one man’s personal account of the frustrations and victories of dealing with women. You learn your lessons, as Strauss learns his own. It’s a description of one man’s journey from master loser, to master seductor. And you can benefit from the knowledge Strauss shares, first-hand, in thrilling detail.
It all starts with Strauss’ account of growing up “far from attractive,” and far from satisfied with his sex life. All it took to change that was a call from a book editor, asking Strauss to take the mysterious “Layguide” that existed on the Internet, and turn it into a “coherent how-to book”. Though hesitant at first, Strauss finds himself curious—and you the reader curious, as well. While investigating this patchwork of notes on how to get busy, he finds himself delving into a world he—nor the majority of people out there–hardly knew existed…and becoming one of the biggest parts of it. As he writes, “If the layguide had never crossed my path, I, like most men, would never have evolved in my thinking about the opposite sex.” But thanks to discovering it, Style began his journey of transformation from single loser to a guy commanding thousands for his seduction services and advice.
Along the way, he discovers a host of crazy characters and all their "unique" (to say the least!) methods: Mystery and the Mystery Method; Tyler Durden and Papa, and Real Social Dynamics; David DeAngelo and Double Your Dating; Ross Jeffries and Neurolinguistic Programming. There’s also a range of guys with interesting pseudonyms of their own: Thundercat, Jlaix, Herbal, Jughead. It’s hard not to laugh as you come across some of these crazy characters and their interesting methods of creating attraction: 3-second ATCs, going "kino", negging. It’s funny enough to hear what these methods are; learning about what they are as revealed by the various characters, makes the book often hysterical.
What I find best about "The Game" is the way it’s described as a journey. As I’ve said before in my posts, life really is a journey, and so is the whole process of becoming a better lover. Style’s way of teaching us his lessons isn’t academic, point-by-point lessons. It’s through describing his growth, and letting you grow (and laugh, and groan) with him. If you want to learn what IOIs, 3-sets, negs, ATCs, and peacocking all are, you don’t have to play “The Game”. Just read it!
If you’ve ever heard of Neil Strauss before, this book provides a fascinating account of what made him Syle, his seduction society pseudonym. And if you have never heard of him, this book will make you WANT to know who he is. Not only does he provide a fascinating look into the many methods of gaining women’s attention—and phone numbers, and panties—but describes in detail the crazy characters who make up this “society of pick-up artists”, as well.
What’s great about this book, as opposed to all the other ones out there for horny guys wanting to get laid, is the way it’s set up. It’s not a lesson-by-lesson tome detailing “forbidden” methods of “tricking” women into going to bed with you. It’s actually more of one man’s personal account of the frustrations and victories of dealing with women. You learn your lessons, as Strauss learns his own. It’s a description of one man’s journey from master loser, to master seductor. And you can benefit from the knowledge Strauss shares, first-hand, in thrilling detail.
It all starts with Strauss’ account of growing up “far from attractive,” and far from satisfied with his sex life. All it took to change that was a call from a book editor, asking Strauss to take the mysterious “Layguide” that existed on the Internet, and turn it into a “coherent how-to book”. Though hesitant at first, Strauss finds himself curious—and you the reader curious, as well. While investigating this patchwork of notes on how to get busy, he finds himself delving into a world he—nor the majority of people out there–hardly knew existed…and becoming one of the biggest parts of it. As he writes, “If the layguide had never crossed my path, I, like most men, would never have evolved in my thinking about the opposite sex.” But thanks to discovering it, Style began his journey of transformation from single loser to a guy commanding thousands for his seduction services and advice.
Along the way, he discovers a host of crazy characters and all their "unique" (to say the least!) methods: Mystery and the Mystery Method; Tyler Durden and Papa, and Real Social Dynamics; David DeAngelo and Double Your Dating; Ross Jeffries and Neurolinguistic Programming. There’s also a range of guys with interesting pseudonyms of their own: Thundercat, Jlaix, Herbal, Jughead. It’s hard not to laugh as you come across some of these crazy characters and their interesting methods of creating attraction: 3-second ATCs, going "kino", negging. It’s funny enough to hear what these methods are; learning about what they are as revealed by the various characters, makes the book often hysterical.
What I find best about "The Game" is the way it’s described as a journey. As I’ve said before in my posts, life really is a journey, and so is the whole process of becoming a better lover. Style’s way of teaching us his lessons isn’t academic, point-by-point lessons. It’s through describing his growth, and letting you grow (and laugh, and groan) with him. If you want to learn what IOIs, 3-sets, negs, ATCs, and peacocking all are, you don’t have to play “The Game”. Just read it!
Video Game Design Careers Are Hot Due To Exploding Game Sales
Video game sales are booming around the world. According to The NPD Group, a market research organization that tracks computer and video game sales, sales of video games and equipment for the games rose 31percent in July 2007, when compared to sales in July 2006. In June of 2007 sales for video games were $1.1 billion in the US alone, representing a dramatic 35 percent increase from the previous month. NPD revealed that video game sales in Canada were $498 million in July 2007, a 61 percent rise over the same time the previous year. These statistics show that a career in video game design is hot right now. The market is exploding, and so are career options in the field.
A degree in video game design can literally help you shape whole worlds, worlds in which avid gamers will enjoy spending many hours in. Gamers love their games, and being able to create video game realms that appeal to this market is very rewarding. Top games have hordes of fans who discuss the games, create artwork in appreciation of their favorite games and even write about their favorite characters. By pursuing a career in this exciting field, you may literally not only be creating an entertainment product, but you may be changing someone’s life.
A video game design degree is also very exciting to pursue. As part of your degree, you will learn to create characters, build story lines, make entire virtual worlds, and much more. You will learn how to design games that gamers will adore and you will learn how to animate entire worlds of characters so that they look as realistic as possible. With today’s technology, there has never been a more exciting time to enter this field. The graphics are so advanced that only your own imagination is the limit for what you can create.
As you pursue your video game design degree, you will also learn about artistic design, project management, 3D modeling, and game content development. You will learn how to create digital content for your games. If you attend a quality school while pursuing your degree you will also get plenty of hands-on experience and help in developing your portfolio. That way, by the time you graduate you will not only have the skills and industry knowledge you need to land a great job, but you will have a portfolio to show prospective employers.
If you have always been creative and have loved creating art, now is a very exciting time to pursue a career in your field. Thanks to hot video game design jobs, you don’t have to be a starving artist. You can pursue your passion for art while landing excellent jobs. With systems such as PlayStation 2, Wii and Xbox generating plenty of media attention as well as many loyal customers, companies are on the lookout for hot new games for their systems. This means that there is a real need for talented and creative designers right now.
If you love games or love art and want to create entire virtual worlds, a career in video game design may be for you. There is a current demand for talented designers, so entering the field is easy if you have a good degree and a good portfolio. Enroll in a degree program that teaches you to build characters, stories, and worlds and learn the skills necessary for animation and you will have the knowledge you need for a great career. Pursue a degree with hands-on experience and portfolio building, and you will leave school prepared to attract employers to your skill.
A degree in video game design can literally help you shape whole worlds, worlds in which avid gamers will enjoy spending many hours in. Gamers love their games, and being able to create video game realms that appeal to this market is very rewarding. Top games have hordes of fans who discuss the games, create artwork in appreciation of their favorite games and even write about their favorite characters. By pursuing a career in this exciting field, you may literally not only be creating an entertainment product, but you may be changing someone’s life.
A video game design degree is also very exciting to pursue. As part of your degree, you will learn to create characters, build story lines, make entire virtual worlds, and much more. You will learn how to design games that gamers will adore and you will learn how to animate entire worlds of characters so that they look as realistic as possible. With today’s technology, there has never been a more exciting time to enter this field. The graphics are so advanced that only your own imagination is the limit for what you can create.
As you pursue your video game design degree, you will also learn about artistic design, project management, 3D modeling, and game content development. You will learn how to create digital content for your games. If you attend a quality school while pursuing your degree you will also get plenty of hands-on experience and help in developing your portfolio. That way, by the time you graduate you will not only have the skills and industry knowledge you need to land a great job, but you will have a portfolio to show prospective employers.
If you have always been creative and have loved creating art, now is a very exciting time to pursue a career in your field. Thanks to hot video game design jobs, you don’t have to be a starving artist. You can pursue your passion for art while landing excellent jobs. With systems such as PlayStation 2, Wii and Xbox generating plenty of media attention as well as many loyal customers, companies are on the lookout for hot new games for their systems. This means that there is a real need for talented and creative designers right now.
If you love games or love art and want to create entire virtual worlds, a career in video game design may be for you. There is a current demand for talented designers, so entering the field is easy if you have a good degree and a good portfolio. Enroll in a degree program that teaches you to build characters, stories, and worlds and learn the skills necessary for animation and you will have the knowledge you need for a great career. Pursue a degree with hands-on experience and portfolio building, and you will leave school prepared to attract employers to your skill.
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