Cash is the lifeblood of a business and running out of it is the number 1 reason why businesses fail. Every business begins and ends with a positive cash flow. The cash flow determines the amount of money that goes in and out of your business.
Annette will go through five cash flow must do’s in your business and remarkably be a successful business owner. The 5 must do’s in your business are structuring your payment terms, positive impact of leasing, cash flow forecast, pricing profitability, and eliminating money leaks.
Highlights of this episode:
What is cash flow?
5 Must Do’s in your business
Importance of leasing in business
Proper pricing of products/services
Resources:
If you’re struggling to understand the accounting for your business, reach out to Annette at podcast@annetteandco.co.uk and join our Facebook group https://www.facebook.com/groups/915326342418247 (https://www.facebook.com/groups/915326342418247)
Links:
Watch this podcast episode on Youtube: https://www.youtube.com/watch?v=gR92Xgnkhw8 (https://www.youtube.com/watch?v=gR92Xgnkhw8)
Cash flow Planning by Annette Ferguson on Youtube: https://www.youtube.com/watch?v=KOuX9VWixwo (https://www.youtube.com/watch?v=KOuX9VWixwo)
Connect to Annette Ferguson:
Facebook - https://www.facebook.com/UKAnnetteFerguson/ (https://www.facebook.com/UKAnnetteFerguson/)
Instagram - https://www.instagram.com/annetteandco_/ (https://www.instagram.com/annetteandco_/)
YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA (https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA)
Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -
https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522 (https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522)