Why Cash Flow is So Important and How to Get It
Manage episode 364155705 series 3478521
One issue that seems to be coming up a lot lately for business owners is cash flow, and for good reason. If your business runs out of cash, and cannot borrow from somebody or get more investment capital, then it’s probably about to fail.
For your business to be as healthy and prosperous as possible, you need to keep an eye on profit, but also on cash flow. So this week, Chip hones in on cash flow and reveals the four reasons why cash flow is so important.
And even if profit is looking healthy it doesn’t mean you'll have positive cash flow to support growth, so Chip will also share five tips on how to accelerate and create positive cash flow.
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