Podcast

AskJason: How To Have A Healthy Cashflow In Business

Episode 86

About The Show

Cashflow is very critical when it comes to business. As the saying goes “cash is king”, with great profits but no cash business won’t run.

In this episode, we are interviewing one of our members of The Business Made Easy Podcast Community, Phil Lichtenberger. We are answering Phil’s questions with regards to having a healthy cashflow in business, what are the things to implement and how to get clear with your expectations when it comes to payment terms.

What You'll Learn!

The importance of a healthy cashflow
Getting clear with your expectations when it comes to payment terms
Tips and tools to monitor your cashflow
Invoicing
Incentives vs Penalties

Links Mentioned

EPISODE 17

Cashflow In Your Business & Why It's Important

Xero

Get a real-time view of your cashflow.
Log in online anytime, anywhere on your Mac, PC, tablet or phone and see up-to-date financials. It’s small business accounting software that’s simple, smart and occasionally magical.

Join Free - The Business Made Easy Community

Join other business owners in our Free Facebook Community all sharing their trials, ideas and wins in business. It's a fantastic community of driven and supportive entrepreneurs.

Full Episode Transcript

CHEAT SHEET!

Cashflow is critical to success in business. You can have the best business idea ever, but if you can’t generate cash and pay the bills you won’t survive.

Grab my 12 simple ways to boost your cashflow cheatsheet!

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About Your Host

Jason Skinner

Jason has been helping business owners to grow and maximise their profits and business performance for over 20 years. He takes the complicated out of business and will show you in a practical easy step by step approach, how you can take your business goals and dreams and turn them into reality without the stress and uncertainty. As a qualified CPA Accountant and Business Coach, he can help you with everything from reading and understanding the critical numbers in your business through to identifying and driving the critical activities that get the desired results you are seeking in your business fast. Jason started The Business Made Easy Podcast out of his passion for helping business owners to realise their dreams and make business success a reality. Each week he shares practical, actionable tips you can implement to take your business to the next level.