Cash is King!! We have all heard this before, but what does it really mean? Having a good cash management strategy can mean the difference between making payroll, paying your suppliers or even yourself. Even profitable businesses can struggle with cash flow due to several factors such as not understanding the cash-gap, mismanaging accounts receivable, the invoicing cycle, poor planning and “just in case” management.
In this episode, Tony Malyk shares proven real life strategies on how to overcome the major causes of a cash-flow crunch. You will learn how to get money faster from customers, to plan for a possible crunch and to avoid tying up money in the business by stopping “just in case management”. Learn how to manage your cashflow better so you can unlock cash from your business to make payroll and pay your bills without stress, not to mention to live the lifestyle you deserve.