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Hello Fishbowl Family . 3.5 YE & Series 7, 6, 63
I have 2 Offers currently.
1. Associate Advisor role at JPM Chase Atlanta 85k Base. No Commission or Sales. What type Of Annual Performance Bonus can I expect in this role?
2. Retirement Planner role at Fidelity in Houston (Remote) 70k Base 15k =100% Bonus w/Cap of 30k= 200% Bonus. *My Recruiter says Growth into a Senior/Director Planner role is easier @ Fidelity. Thoughts? Advice?
Fidelity Investments JPMorgan Chase
Additional Posts in Transaction Services, M&A, Deal Advisory
Any KPMG FDD associates willing to chat?
how much harder is banking then valuation?
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Mentor
In an ideal world as little as possible and increasingly less over time to improve cash flow from your BS.
You would use benchmarks. The answer is always as low as possible is ideal, and that doesn’t stop at zero. That should be viewed in conjunction with profitability of course, plus assessment if vendors are not squeezed till it starts to disrupt operations (raw material suppliers who refuse to supply you). There are business models that by nature operate with a negative cash flow and are very healthy, like Amazon. But again… the best indicator is typically to look how you measure up to your peers who would have to deal with similar dynamics.
Yeah. I think I need to give it some thought.
I have a client with cash flow issues. profitable, but long cash conversion cycle
every time we inject more money, they use it for growth
meanwhile ar aging average is like 100 days and we have payment plans on all key critical suppliers.