Without cash flow in your business, you do not have a business. Listen as Gary explains six important steps to improve your cash flow.
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Without cash flow in your business, you do not have a business. Listen as Gary explains six important steps to improve your cash flow.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | RSS
--- END POST ---
That’s excellent advice!
82% of small- mid-sized businesses fail because of cash flow.
The most common approach is to look at it from an accountants viewpoint i.e. 1. either cut costs or 2. improve receivables
I would like to offer another approach- which is creating more cashflow!
From experience when you fine-tune various aspects of the marketing mix by as little as 3-5% each, the overall effect compounds giving results of 100% and more!
It seems magical but it is really just a simple scientific approach overlooked by business owners because they are not marketers.
Most businesses under 5 million can’t possibly afford a fulltime CFO.
The solution? Hire a fractional CFO
For about $25k a year you can easily generate $200k or more