Financial considerations of selling stock in drought
Primefact Number: 289 Edition: First edition Released/reviewed: 01 Nov 2006
The financial implications of a drought, and any changes you make to your business, need to be examined closely. Seek professional advice from your accountant, bank manager, and/or farm advisers. A wrong decision may place the business into a position from which it cannot recover.
This Primefact discusses financial aspects of selling your stock in drought. It covers:
- the cash flow consequences;
- the advantages and disadvantages of selling your stock.
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