Intro

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Episode 1772:

Michael Levitt explores practical strategies to enhance your business's financial health by focusing on smarter cash flow management. Learn how simple adjustments, like reevaluating expenses, tightening invoicing practices, and building reserves, can stabilize operations and fuel growth.

Read along with the original article(s) here: https://www.breakfastleadership.com/blog/how-to-improve-your-businesses-finances-cash-flow

Quotes to ponder:

"One of the biggest areas where small businesses struggle is in managing their cash flow."

"Have a cash reserve that you can tap into when times are lean."

"Review all expenses and determine which ones are necessary and which ones can be reduced or eliminated."

Episode references:

FreshBooks: https://www.freshbooks.com

QuickBooks: https://quickbooks.intuit.com

Xero: https://www.xero.com

Profit First by Mike Michalowicz: https://mikemichalowicz.com/profit-first

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