Quote
“The fact that you created a process is more important than what process you use. What matters is that you have a process.” - Jamie Nau
The finer details of this episode
- How often you should be looking at your bank balance
- How to determine your inflow to start a cash flow forecast
- How to forecast your outflows
- Reasons you should reconcile your account as often as possible
- Why your business should have a line of credit as opposed to taking out loans
- Things you can do to make sure you always have cash flowing into your business
Episode resources
