298 Cash Flow Crisis? Here’s What to Do (And Not Do)

In this episode, I’m sharing a real-life story from one of the salon owners in my online money course. She found herself heading into a cash flow crisis, not because she was doing something wrong, but because life happened. Staff resignations, injuries, and pre-booked leave collided to create a perfect storm of reduced income. 

The good news? She saw it coming. And that’s the power of planning.

We walk through the strategies I shared with her, what to do, what to avoid, and most importantly, how to stay calm and proactive. Whether you’re in a financial squeeze or just want to bulletproof your business, this episode is packed with practical advice and a big reminder: the best way to survive a crisis is to see it coming and prepare before it hits.

IN THIS EPISODE:

[00:00] Introduction and today’s topic: managing a cash flow crisis

[00:55] Real-life scenario from a salon owner in the Money course

[04:57] Ideas to increase income before touching savings

[06:22] Strategies for short-term staffing solutions

[08:55] Reducing outgoings: where to trim the fat

[10:12] Hiring strategically: assistants and productivity

[14:41] 10 key lessons for navigating a cash flow crunch

[18:03] Free resources and upcoming Money course info

Want MORE to help you GROW?

📚 Check out our Bestselling GROW Books https://growmysalonbusiness.com/books/

🆘  Management overwhelm!? Download our free checklist! This checklist will help you get clarity on where you're at https://growmysalonbusiness.com/management-checklist/

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Until next time!
Antony

RESOURCES MENTIONED IN THIS EPISODE:

👉 How to Navigate a Path Through Difficult Financial Times - Free Video Training. Visit our Free Resources page and have the video and workbook sent straight to your inbox!

Online Money Course - Find out more!

 

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