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Cohen and Fowler

In: The Small Business Casebook

Author

Listed:
  • Sue Birley

Abstract

During the spring of 1975, Cohen and Fowler, a small firm of solicitors, was faced with the need to monitor and control its cash flow on a more formal basis than it had done in the past. Two factors had contributed to the situation. First, the practice had recently moved premises, incurring a substantial increase in rental; and, secondly, three of its major clients had gone into liquidation as a result of the fall in the property market, leaving the firm with a large amount of fees owing and irrecoverable.

Suggested Citation

  • Sue Birley, 1979. "Cohen and Fowler," Palgrave Macmillan Books, in: The Small Business Casebook, chapter 4, pages 80-92, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-16192-8_5
    DOI: 10.1007/978-1-349-16192-8_5
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