A profitable business is our destination and cash flow is the fuel to get us there.
- Stay on top of cash flow
- Monitor and project your cash flows
- Without projections, you can’t properly plan
- Do you monitor your cash flow?
- Use projections for planning
- Project pursuits
- Scheduling
- Which clients to chase
- Keep the cash flowing
- Listen to previous Coachcasts on AR and 1st invoice submissions
- Collect your money – be diligent about chasing the money
- Prepare upfront – know your projects and clients
Key Questions:
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How do you manage your cash?
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Do you have cash flow projections?
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Are they accurate?
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Do you use them for planning?
Take-Action Items:
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Manage your cash
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Build proper cash flow projections
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Use projections to help with your business planning