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Even with all the work you can do, all the tools you need, and all the right people, your business can't function without cash flow. This week, we're discussing the seven things that drive cash flow in your business and how to optimize each to keep your business going for the long term.

 Strategies we cover in this episode include:

• The four basic cash flow drivers: price, cost of sales, overhead, and volume
• Why the basic cash flow drivers don't always work as expected
• The Cash Conversion Cycle 
• How Accounts Receivable and Accounts Payable days affect cash flow
• How inventory affects cash flow and why your WIP report is your inventory

LINKS

Visit the episode page at https://contractorsuccessforum.com/cashflowdrivers for more details and a transcript of the show.

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forum

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Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com