Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast cover image

#224 Top Cash Flow Mistakes in Home Services and How to Fix Them

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

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Cash Flow Insights for Small Businesses

In this chapter, the hosts explore the critical differences between net income and cash flow, focusing on how these factors impact financial management in small businesses. They share personal experiences and best practices, emphasizing the importance of cash flow forecasting and strategic financial planning to avoid common pitfalls. Real-life examples illustrate the disconnect between profitability and cash reserves, providing valuable lessons for business growth and sustainability.

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