Dive into cash flow strategies with financial expert Lisa Dionisio. Discover how to build a cash cushion, the importance of knowing your numbers, and strategies to prevent cash crises. Listen now!
Time Stamps
- 02:49 - Episode Intro
- 03:11 - Meet Lisa: CPA and Financial Expert
- 05:16 - Lisa's Take on the Profit First
- 08:49 - Understanding Business Strategy and Cash Flow
- 17:51 - Accounts Receivables
- 23:23 - Getting a Line of Credit
- 25:41 - Maintaining Good Cash Flow
- 30:46 - Knowing Your Numbers
- 33:16 - Managing Your Overhead
- 38:15 - Legacy Clients and Overhead Management
- 38:38 - Cutting Recurring Expenses
- 42:12 - Project Timelines and Overhead Impact
- 44:04 - Building a Cash Cushion
- 45:04 - Monitoring Cash Flow and Early Warning Signs
- 58:17 - Practical Steps to Financial Stability
- 01:04:53 - Episode Outro
Snippets from the Episode
- “A lot of times, the low-hanging fruit is the receivables.” - Lisa Dionisio
- “ I always say, just get the line of credit. Don't pull on it, but it's just your safety net.” - Lisa Dionisio
- ”Overhead is tough to get down. So don't get it up in the first place.” - Martin Holland
- The truth is, if you don't have the cash, if you haven't done a line of credit, or you don't have a way to get a decent interest rate cash, then you're going to be up a creek if you're not getting enough up front.” -Lisa Dionisio
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