From startup to $4B business, Stephen King brings a unique combination of vision, foresight, and experience to help small businesses run better, grow faster, and make more money. Regarded as one of the accounting industry's top thought leaders, he's currently serving as President & CEO of GrowthForce, one of the nation’s largest cloud-based accounting services.
During the show we discuss:
● What cash flow is
● What is the main cause of cashflow problems
● How to radically increase your profit margins
● Early signs of cash flow problems
● How to plan an effective cash flow management
● The difference between net income and cash flow
● How to convert profit into cash flow
● Importance of cash flow
● Some good cash flow habits
● How to increase your cash flow
● How to do a cash flow analysis
● What should your bookkeeper be doing to maximize cashflow and profit
● Why not collecting quickly after each job will hurt you
● How to get more customers to pay quickly
● How to do a cash flow forecast
● What free cash flow is
● How to calculate operating cash flow
Show resources: