Cashflow 101 for Small Business Owners Financial Snickens
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- Entrepreneurship
In order to maintain a profitable business, small business owners must properly manage their cash with organized systems that provide an accurate outlook on potential gains and losses.
In this episode, I focus on best practices for invoicing, payment term negotiations, and cash flow forecasting to ensure your business is sustainable and thriving with positive cash flow.
In this episode, you’ll also hear:
Benefits of timely invoicing and automatic payments
Understanding profit and loss for your business
Essential cash flow projections and cash reserve plan
Must-listen moments:
[00:01:30] What happens when you don't invoice your clients is you end up with a cash flow problem.
In order to maintain a profitable business, small business owners must properly manage their cash with organized systems that provide an accurate outlook on potential gains and losses.
In this episode, I focus on best practices for invoicing, payment term negotiations, and cash flow forecasting to ensure your business is sustainable and thriving with positive cash flow.
In this episode, you’ll also hear:
Benefits of timely invoicing and automatic payments
Understanding profit and loss for your business
Essential cash flow projections and cash reserve plan
Must-listen moments:
[00:01:30] What happens when you don't invoice your clients is you end up with a cash flow problem.
8 min