The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & Phillip Smith. With these two leading the charge, there is no doubt that you'll find a heap of value and a non jargon approach to business. Consider nextAdvisory as the value library for business resources. Listen to find out #WhatsNext for your business. Grab our free business planning template our most successful client's use: https://nextadvisory.nz Want to book a call with us to discuss your business? Folow the link below: https://nextadvisory.nz/#book-online Follow us on Facebook, YouTube Instagram and LinkedIn.
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The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & Phillip Smith. With these two leading the charge, there is no doubt that you'll find a heap of value and a non jargon approach to business. Consider nextAdvisory as the value library for business resources. Listen to find out #WhatsNext for your business. Grab our free business planning template our most successful client's use: https://nextadvisory.nz Want to book a call with us to discuss your business? Folow the link below: https://nextadvisory.nz/#book-online Follow us on Facebook, YouTube Instagram and LinkedIn.
EP 533 - Why Your Business Has No Cash (And How to Fix It)
The #WhatsNext Podcast
34 minutes
1 week ago
EP 533 - Why Your Business Has No Cash (And How to Fix It)
Book a call with Phil to discuss buying/valuing your business: https://calendly.com/philsmith/buying
Most business owners are doing cash flow completely wrong. Then they wonder why they're always stressed about money. You do the work, send an invoice, then wait 20+ days to get paid. Meanwhile, you've already paid wages, materials, and overheads. That's backwards.
Phil breaks down the real cash flow hacks that work: taking deposits upfront, charging site visit fees to filter time wasters, and getting paid the day you finish the job. We cover why your balance sheet is like a wet sponge soaking up cash, and how to wring it out.
Cash flow isn't the problem, your systems are. Fix the systems, fix the cash flow. Your business success depends on cash moving through it, not getting stuck in it.
If you're interested in working together in other ways:
Visit our website https://nextadvisory.nz
Let's connect over a quick call: https://calendly.com/philsmith/
The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & Phillip Smith. With these two leading the charge, there is no doubt that you'll find a heap of value and a non jargon approach to business. Consider nextAdvisory as the value library for business resources. Listen to find out #WhatsNext for your business. Grab our free business planning template our most successful client's use: https://nextadvisory.nz Want to book a call with us to discuss your business? Folow the link below: https://nextadvisory.nz/#book-online Follow us on Facebook, YouTube Instagram and LinkedIn.