Have
strong cash management strategies in place at all times, including: minimizing cash tied up in the operating cycle (receivables outstanding and inventory held); increasing gross margins where possible; negotiating extended payment terms; holding cash reserves; and having bank or other credit facilities available for times of cash flow crisis.
That cash management strategy has paid off in another way.
Intended to preserve the benefits of money market funds while increasing transparency and strengthening investor confidence, new regulations effective in October 2016 will require a re-evaluation of
your cash management strategy.