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E12 | Rules for Smart Scaling - Simple Numbers with Greg Crabtree
Greg Crabtree is a renowned financial expert and author known for his expertise in business performance and capital management. He says it’s important to understand whether your business is consuming or generating cash as it grows. Greg discusses the concept of “trade capital” and differentiates between capital-heavy, moderate, and light businesses. He warns against relying too heavily on lines of credit, noting that they can be risky during banking crises. Greg introduces the “career labour efficiency curve,” illustrating how employees’ productivity and cost evolve over time. He critiques…
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