In speaking with one of my good friends, John Christopherson, we were debating about exit strategies for business owners. He won the argument. I said, many of my clients feel like they’d like to build something that can be a cash cow without their involvement. John replied that the best cash cow he knows of is cash. I love it. If your company can be built to a position of providing on going cash flow without your involvement then it is certainly worth quite a bit of CASH. Cash carries no liability. Cash today is always better then cash tomorrow. You need only to a Net Present Value calculation to determine the truth in that statement.
So to quote John Christopherson…cash is the best cash flow. I think I agree!
