Are You Sabotaging Your Own Cash Flow?
Jan 27, 2025
In this episode, I’m diving into the critical differences between profit and cash flow, comparing cash flow to the metabolism of your business’s money. I’ll share some of the most common mistakes I see business owners make that can sabotage their cash flow—like paying off credit cards too early or being too relaxed about collections.
I’ll also explain why prioritizing employee payroll over other financial obligations is non-negotiable and offer a fresh perspective on the timing of estimated tax payments. Together, we’ll explore how to truly understand your business’s financial landscape, and I’ll leave you with actionable advice to help boost both your profitability and cash flow. Don’t miss this episode, packed with insights and tips to help your business thrive!
What You'll hear in this episode:
[0:35] Understanding Cash Flow vs. Profit
[2:05] Common Cash Flow Mistakes: Credit Card Payments
[4:25] Prioritizing Payroll Over Other Expenses
[5:00] Effective Collection Processes
[6:40] Rethinking Estimated Tax Payments
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
