Mon Nov 11 2024

"The Hard Truth About Cash Flow: Critical Tips for Business Owners" Cash flow may not be the most glamorous topic, but it’s essential for business survival. In this episode, we dive into the unfiltered truths about cash flow management—exploring why profits on paper mean nothing if you can't cover payroll or expenses. I share hard-earned insights from coaching entrepreneurs who've faced cash flow challenges and lay out practical steps to keep your business financially resilient. We’ll break down: 1. The Difference Between Profit and Cash Flow: Why being "profitable" doesn't mean your business is financially healthy. 2. The Power of Cash Flow Projections: How a simple six-month projection can help you see problems before they escalate. 3. The Discipline Factor: Why consistent financial discipline is the cornerstone of stability and growth. 4. Cash Flow as a Growth Engine: Unlocking the freedom to invest, expand, and capitalize on new opportunities. 5. Warning Signs to Watch F...