Cash Flow Management Strategies for Small Business

  Рет қаралды 58,085

Andrew Patricio

Andrew Patricio

Күн бұрын

Пікірлер: 38
@XAE_A_Xii
@XAE_A_Xii 4 жыл бұрын
problem with cash flow is that you have to keep track of expected sales receipts and payments, but also have up-to-date bookkeeping system, where you have recorded all sales and purchase invoices, bank payments, credits, so your books will be a reliable source of information for building your cash flow. Most business people hate bookkeeping and/or don't put enough importance into it, but your cash flow don't care how much you like it , or how muc you are tired. If it's not updated, you are lost in a fog and you make rushed decisions hoping you will be lucky.
@dr.wezisunkutumd8745
@dr.wezisunkutumd8745 3 жыл бұрын
Much appreciated. I salute. Watched it for the 1st time without taking notes, now will watch it with note taking, then the 3rd time applying it to one of the businesses I am managing. Great stuff.
@awakenedkeynote
@awakenedkeynote 6 жыл бұрын
Shared this with an associate that is first year in business and feels the struggle. Thanks for posting and sharing!
@stellaauka3002
@stellaauka3002 4 жыл бұрын
Thank u very much, I have identified my weak areas that I need to work on.
@cortezforever
@cortezforever 4 жыл бұрын
You're a good communicator of knowledge thank you.
@HeWhoRoamsAimlessly
@HeWhoRoamsAimlessly 11 ай бұрын
My business is stressful to run and I always feel worried about the financial side of the business. Every invoice matters to us weekly. This video has made me feel a bit better about the way I operate. I have been in business for 10 years and try to raise my prices a bit each year. Due to inflation in the last couple of years, I have had to increase some prices fairly significantly. For the first time in 9 out of 10 years, I am getting some issues with customers paying. I have had to fire a few customers. I have had to stop spending money on marketing and tighten right down on operating costs in order to be able to pay myself and my employee. It has been a hard year. Luckily for me, I am actively watching most of the points in this video and already practicing most of the recommended advice. Great video. Glad I found your channel. I have started to buy dividend-paying assets this year in order to start offsetting my own payroll costs to my company to be able to keep more money in my business eventually. It seems like my company can either afford to pay me or pay itself. But not both. It is frustrating. Anyways, great video, reinforcing some of the things I sometimes feel guilty about. No one will watch out for you and your business other than yourself. Cater to your great customers, and shed the fat. Don't put up with bullshit. Cheers.
@mariobustos35
@mariobustos35 7 ай бұрын
What have you found is the problem on your company? Prices? Costs? Cash flow? Sales?
@user-jv2dz6jc5j
@user-jv2dz6jc5j 7 ай бұрын
Very nice. Beautiful explanation. Well done
@michaelatsu7500
@michaelatsu7500 10 ай бұрын
Relevant information for business men and those who want to start new businesses. Thank you sir. 😊
@gembcly5148
@gembcly5148 Жыл бұрын
Great information. Please do some more. I'm in the process of starting a business. Thank you so much
@trakeshkumar
@trakeshkumar 8 ай бұрын
Thanks for this helpful video
@wilfredalua7437
@wilfredalua7437 10 ай бұрын
Many thanks for that information. I’m 2 months old in retail pharmacy business
@bonifacenzogere3026
@bonifacenzogere3026 3 жыл бұрын
Good stuff Brother, thanks for sharing
@harrissimo
@harrissimo 3 жыл бұрын
Thank you. This is great advice.
@Tay234.
@Tay234. 2 жыл бұрын
“Sarah I’ll be in your area tomorrow. You better have my money.”
@user-xv3lc9jq6s
@user-xv3lc9jq6s 6 ай бұрын
Thank you so much for the great advice. This is great
@propertymathbyakashni
@propertymathbyakashni 2 жыл бұрын
Great video thanks!
@atj5375
@atj5375 9 ай бұрын
Thank you for such quality content...😊
@tesskansas
@tesskansas Жыл бұрын
thank you. Very easy to understand.
@custardtart1312
@custardtart1312 4 жыл бұрын
This is superb.
@libyahenry8878
@libyahenry8878 11 ай бұрын
Hi very informative thank u.
@louietheplumber3609
@louietheplumber3609 4 жыл бұрын
Thank you for the info
@edenpagani1243
@edenpagani1243 3 жыл бұрын
Thank you!!!
@semedic1319
@semedic1319 Жыл бұрын
Thank you, very helpful
@cac3479
@cac3479 Жыл бұрын
Thank you!
@abderaouf8421
@abderaouf8421 4 жыл бұрын
knowledge broooooooooo
@lloydgunraj9356
@lloydgunraj9356 Жыл бұрын
absolutely golden advice!!! More useful than any Business degree
@purifinawater242
@purifinawater242 2 жыл бұрын
Thank you very much
@bijumonthankappan4985
@bijumonthankappan4985 Жыл бұрын
Thank you.
@nalcow
@nalcow Жыл бұрын
Great advise
@user-rx8oq4bn8w
@user-rx8oq4bn8w Жыл бұрын
Very helpful thank you! How do we get the excel sheet?
@novizivot3631
@novizivot3631 5 ай бұрын
Tank you for this! How to calculate profit margin for service cleaning business?
@user-rt7fv2hj8i
@user-rt7fv2hj8i 10 ай бұрын
Thank you for a great video!! this helped A LOT! you mentioned that you were working on some programs for small business owners, do you have anything available? If so, please share the link Thank you
@mosesfennel
@mosesfennel 6 күн бұрын
Could you share the template?
@tomstanely
@tomstanely 3 жыл бұрын
Instead of giving deposit payments, it would be good to give a low credit limit.
@dewaldtfourie4241
@dewaldtfourie4241 3 жыл бұрын
;)
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