All businesses need to be able to identify and understand their ‘key performance indicators.’ For an emerging government contractor, these can be a measure of your financial health, capabilities and growth potential.
Everyone knows that cash is essential, but it is not all you need to know. Keeping the flow steady and dependable allows you to pay your employees and vendors in a timely fashion. These basic financial measurements apply equally to all types of businesses and can factor into your ability to obtain external financing when you need it:
Days Sales Outstanding | How long it takes you to collect …read more
Read more here: Government Contracting