In this episode, we're diving deep into a topic that might not be the flashy headline-grabber, but it's absolutely critical for your business—working capital.
Here’s a sneak peek of what you can expect:
The Lifeline of Your Business: Working capital is the heartbeat that keeps your business ticking. It's not just another figure on your balance sheet; it's the fuel that runs your day-to-day operations.
Balancing Profit and Cash Flow: Did you know you can be profitable yet still run out of cash? We'll explore why profit is about the long game, while working capital keeps you grounded in the present.
Practical Tips for Improvement: From speeding up receivables to managing payables and inventory, discover actionable steps to streamline your working capital management and keep your business thriving.
Don't miss out—tune in to explore how a few strategic tweaks can strengthen the financial health of your business. I'd love to hear what you think, so please share your thoughts and questions after listening!
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Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.