I have a confession to make: I’ve owned a lot of businesses and I don’t always know where my cash is.
Welcome, I’m David Worrell and this is Real Talk – CFO. Today we’re going to go over the cash flow cycle. Every entrepreneur must understand this because it answers the key question: where is all my money? You can look at your P&L and you can see huge profits at the bottom of the sheet, you’re running a great business, you’re making lots of money, but it’s not all in the bank, is it? It’s not all in your pocket, you’re not taking it all home to the family. Continue reading →
Welcome to part 2 of Optimizing Cash Flow for Small Business, I’m David Worrell from FUSE Financial Partners and we’re giving you some tips to make sure your cash flow keeps moving in the right direction and keeps the business humming forward.
Welcome to the first video in our series of optimizing Cash Flow for small business owners. I’m David Worrell from FUSE Financial Partners and today I want to talk to you about the most important thing you can do to prevent cash flow problems: have a good onboarding process for your new customers. Cash flow optimization starts with the policies and practices used at the time you meet a new customer. You want to bring them on before you actually start doing work.