"If you don’t stay on top of your cash flow, you're not going to be in business very long."
— Harry Cendrowski
What You’ll Discover Today:
- Why cash flow—not profit—is the lifeblood of your business
- The most common cash flow mistakes and how to avoid them
- Strategies for improving cash flow, even during economic downturns
Key Topics Discussed:
- What Cash Flow Really Means: It’s not just about your profit—it’s about what comes in and what goes out on a daily basis.
- The Danger of Not Enforcing Contracts: Letting clients pay late can cause a cascade of issues that erode profitability and trust.
- Creative Cash Flow Solutions: From upfront deposits to progress payments, learn how to make your revenue stream more predictable.
- Surviving Economic Uncertainty: Use tools like a 13-week rolling cash flow forecast to stay agile and ready.
- Access to Capital: Set up credit lines before you need them—don’t wait for a downturn to start planning.
- Service vs. Product-Based Businesses: Cash flow dynamics differ, and your strategy should too.
- Handling Seasonality: Smart cash planning and inventory management can mean the difference between feast or famine.
- Critical Metrics to Watch: Track your receivables, job count, and industry-specific KPIs to assess cash health.
Links and Resources:
Call to Action:
If you’re a business owner facing cash flow challenges—or just want to tighten up your financial discipline—reach out to Harry Cendrowski at (866) 717-1607. Don’t wait until the storm hits to build your financial shelter.
