Cash flow strategies for small businesses are essential to running a successful business. 82% of businesses fail because of a lack of cash flow strategy. Listen into a discussion with Christie Varner, an accountant for small to medium-sized businesses, as she gives 5 helpful tips to getting a handle on your cash flow strategy!
Here is a sneak peek of what this episode consists of:
[9:00] 82% of businesses fail because of a lack of cash flow
[13:25] #1 - Increase sales
[25:25] #2 - Decrease cash outflow by eliminating your bills
[33:34] #3 - Projecting cash coming in (Accounts Receivable + Accounts Payable)
[56:22] #4 - Quick cash injections if you need cash now!
[1:02:52] #5 - Mindset Matters for everyone in leadership
Links mentioned during todayā€™s show:
https://www.gravysolutions.io/ (Gravy Payment Solutions)
https://www.victoryadvisory.com/cashflow (FREEBIE) from Christie