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Cash Flow

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Title: Cash Flow
Content type: Article
Author: John Toppin info
Abstract:

Many of you will not remember the last recession and most of you will not have been running businesses at that time. Those of you who were around will remember that recruitment businesses fared very badly in the early 1990's. Recruitment businesses are usually one of the first to suffer as employees concentrate on hanging onto their jobs and clients are reducing headcount. Client finance directors also try to stop spending on recruitment agency fees and advertising, marketing and new product development etc, the so called discretionary expenditures.

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