Jeff and Jay sit down with Nick Mosey of Moseys Production Machinist in Anaheim, California. Nick and Jay had a conversation a few weeks back about how to reduce accounts receivables, and after some great discussion, we agreed to have Nick come on the podcast so that some of his other questions could be captured for you.
We touch upon a really wide variety of topics, including how to prioritize payables, why you should always have a line of credit at a bank, even if you don't use it, and if you do, how to use it. How pricing algorithms can be designed to automatically adjust pricing for new prospects, why profits are essential for growth, and lots more.
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