Want to solve 80% of your bookkeeping needs to solve cash flow management issues?
Then do two simple things:
1. Reconcile your books every week without fail. Do it on Friday, last thing so you are ready to update your cash flow projections on Monday.
2. Create bookkeeping reports that give you insights into the key cash flow indicators that you need. One example: Accounts receivable aging.
Too simple?
Is there something else that you think needs to be done?
Let me know in the comments.
#tcmp #bookkeeping #reporting
Follow this link to listen to the episode on Apple Podcasts.
I had a great time on The Courage to Lead with Harlan Hammack discussing cash flow optimization (including some counterintuitive tactics), planning for the future, explanation of some of my offers here on the website, and more.
I also got to share a bit more of my own story of how I came to be involved in cash flow advising. It was not an easy decision, but it was a logical one.
Coach Harlan was a great host - big thanks to him!
Follow this link to listen to the episode on Apple Podcasts.
In this episode, I discuss the ins and outs of calculating cash flow.
Click here to listen on Google Podcasts.
Have an idea? Anything I missed? Let me know in the comments below.
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.