Enable managers to understand the concept of working capital and how they can free it up to be used in the business.
Customers won't pay on time, suppliers won't deliver until bills are paid; spare capital is tied up in work-in-progress. It's a 'catch 22' situation that can bring a business to its knees.
This humorous video makes the subject easy to understand and proposes ways of avoiding the traps that lie in wait for the unwary manager. We are shown where capital is locked up in a business and how to free it up and how sales forecasts and regular meetings can help control working capital.
This program assumes no prior knowledge of finance and financial jargon is avoided in favor of everyday language. Managers are taught to focus more on the performance of the business as a whole and not just day-to-day processes.
A Video Arts production featuring John Cleese and Ronnie Corbett.
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