Summary
Navigating cash flow in a small survey business is a significant challenge. Join me in this week’sepisode as I explore the intricacies of cash flow management, demystify key terms, and unveilthe powerful tool my company uses to steer cash flow. Discover practical tips to enhance your cash flow management skills, empowering your small survey business for sustained success
Contents
- 00:00 Introduction.
- 5:40 My confession.
- 8:04 Why cash flow management is important.
- 10:31 Definitions: What does “Money in the Bank” mean?
- 11:48 Definitions: What is “Money earned”?
- 12:55 Definitions: What is “Future revenue”?
- 12:51 Definitions: Good money vs bad money.
- 14:58 Definitions: “Time we’re going to eat”.
- 15:23 Definitions: “Late money”.
- 15:55 How do you manage cash flow?
- 21:09 Why is cash flow management so hard?
- 24:58 Who in our profession/industry struggles with this?
- 26:44 Tips and best practices for managing cash flow.
- 31:19 What we’ll talk about on the next episode.