It's fascinating that this video, which discusses a key factor of measuring the lifeblood of a company, has the lowest count of comments. NOT understanding DSO (days sales outstanding) and DPO (days payable outstanding) is what causes companies, of all sizes, to cease trading or have to go cap in hand to their banks or factoring companies, to try to survive. Good work here. thx
Thanks so much for this Jamie honestly. Everything you’ve spoken about here is extremely valuable. Keep up the vids they are honestly brilliant and the best I’ve seen out there.
Another great video - I thought I already had a good grasp of the importance of cash flow but a couple of these tips added a LOT of value for me! Looking forward to 3 videos per week in the new year and Happy New Year to you, Dan and the team!
Technically yes, but you do need to be open with your lender about it. Make sure that your mortgage broker is aware that the lending is coming from an equity investor so they will know who's looking to lend on them. More than likely the lender will want the equity loan lender to sign something to show that they understand that there is no charge and all capital and interest will need to be paid to the first charge, mortgage lender first, before paying a penny to the loan investor. Does that make sense?
