https://www.foundationacs.comIn this episode of the Contractors Profit Hacks Show I dive into the importance of cash flow projections for improving business cash flow. I share a personal story from my soccer coaching days to illustrate the importance of making strategic adjustments. I then provide a step-by-step guide on creating a cash flow projection spreadsheet, detailing how to list direct costs, overhead, and other expenses against projected cash inflows. By following this approach, contractors can foresee potential cash flow issues and plan accordingly to ensure consistent cash in the bank. The episode emphasizes the strategy of cash flow projections as a crucial tool for real-time business planning and adjustment.00:00 Introduction and Welcome00:38 Understanding Cash Flow Projections01:06 A Soccer Story: Learning from Losses03:36 Steps to Create a Cash Flow Projection03:55 Detailed Breakdown of Cash Flow Projection09:18 Final Thoughts and Conclusion
