Let's get into the critical topic of cash flow management for business owners. Building on the previous discussion about cash flow basics, Shannon outlines practical strategies for 'unf*cking' your cash flow, pinpointing issues of timing and blind spots. Whether you're overspending on personal expenses or mismanaging payments for loans and leases, this episode provides actionable insights for aligning your cash inflows and outflows.
Shannon highlights the importance of understanding your profit margin, securing upfront deposits, and maintaining recurring revenue models to ensure your business remains financially healthy. Tune in for a deep dive into optimizing your cash flow to not only survive but thrive in your entrepreneurial journey.
What you'll hear in this episode:
[0:45] Understanding Cash Flow Issues
[1:55] Identifying and Addressing Blind Spots
[4:55] Mastering Timing in Cash Flow
[9:55] Practical Cash Flow Management Tips
Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/
Connect with Shannon: https://www.linkedin.com/in/shannonweinstein
Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Follow along on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.