Cash Flow Strategies for Small Businesses
Cash flow strategies for small businesses is essential to running a successful business! 82% of businesses fail because of a lack of cash flow strategy! Listen in to a discussion with 5 helpful tips to getting a handle on your cash flow strategy!
Here is a sneak peek of what this episode consists of:
[10:03] 82% of businesses fail because of a lack of cash flow
[14:08] #1 - Increase sales
[26:05] #2 - Decrease cash outflow by eliminating your bills
[34:10] #3 - Projecting cash coming in (Accounts Receivable + Accounts Payable)
[56:48] #4 - Quick cash injections if you need cash now!
[1:3:25] #5 - Mindset Matters for everyone in leadership
Links mentioned during today’s show https://www.gravysolutions.io/ (Gravy Payment Solutions) https://www.victoryadvisory.com/cashflow (FREEBIE) from Christie Next week we will drop an episode about planning your 2021 year!