Comments on: Blood Money http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/ Small business and home business tips & advice Sun, 27 Jul 2008 09:33:36 +0000 http://wordpress.org/?v=2.5 By: Glen Marthens http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-339 Glen Marthens Tue, 03 Apr 2007 22:47:08 +0000 http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-339 Great article! Great analogy! Most have lost common sense, regardless whether it is a PDA, cash flow or working capital it is critical to plan for the ebb and flow of business. To bad our gov't did not think like you!!! Great article! Great analogy! Most have lost common sense, regardless whether it is a PDA, cash flow or working capital
it is critical to plan for the ebb and flow of business. To bad our gov’t did not think like you!!!

]]> By: Marty Orloffski http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-267 Marty Orloffski Tue, 27 Mar 2007 19:38:33 +0000 http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-267 This sounds like an administrative nightmare. Too many transfers, too often. The author should recommend a periodic transfer, perhaps monthly or quarterly. Otherwise, I think it is pretty sound advice. This sounds like an administrative nightmare. Too many transfers, too often. The author should recommend a periodic transfer, perhaps monthly or quarterly. Otherwise, I think it is pretty sound advice.

]]> By: Steve Forte http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-241 Steve Forte Sun, 25 Mar 2007 13:22:40 +0000 http://smallbusiness.logoworks.com/marketing/2007/03/23/blood-money/#comment-241 I read the article, it was a nice easy read. Your advise is sound, but I think companies have to be real careful to balance their liquidity needs and rainy day funds against leaving a big number on the balance sheet for creditors to salivate over. Probably the lawyer talking, but I'm more apt to take a distribution and then lend it back to the company when a cash infusion is required. So I guess I would keep the PDA outside the corporate structure that way if there is a lawsuit, it a creditor would have to pierce the corporate veil before I'd lose the funds. Pretty unlikely. My 2 cents. I read the article, it was a nice easy read. Your advise is sound, but I think companies have to be real careful to balance their liquidity needs and rainy day funds against leaving a big number on the balance sheet for creditors to salivate over. Probably the lawyer talking, but I’m more apt to take a distribution and then lend it back to the company when a cash infusion is required. So I guess I would keep the PDA outside the corporate structure that way if there is a lawsuit, it a creditor would have to pierce the corporate veil before I’d lose the funds. Pretty unlikely.

My 2 cents.

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