Episode 19: 5 Habits to Improve Your Business’s Cash Flow
Do you lose sleep worrying about whether you have enough cash in your business to pay your bills? Whether you can invest in your business so you can grow?
Well, you are not alone. 70% of business owners say they have cash flow issues.
When you are running a small business, cash is king. Because if you can't pay your bills or don't have money to invest in the business, you won't be able to sustain growth or last long.
Here is a sobering statistic: 82% of all business that fail, fail because of cash flow issues.
If you don't want to be part of that 82%, learning to effectively manage your cash flow is a key skill.
But there's good news: effective cash flow is largely a matter of building good financail habits.
Tune into this week's episode where I share 5 habits you can start building now to improve your business's cash flow, whether you are a new business or you've been around for years.
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