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Episode 28 - Managing Your Cash Flow as a Maker
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Welcome to the Business for Makers Podcast. Brought to you by George Supply Company.
Each week, we explore topics you need to know to grow your maker hobby into a maker business and brand.
You can find George Supply Company merchandise here
In this episode,
Cash flow management is a critical aspect of running a successful small business. Regardless of how profitable your business may seem on paper, without proper control over your cash flow, you may find yourself struggling to pay bills, meet payroll, or invest in growth opportunities. Today, we'll explore the ins and outs of managing your cash flow effectively to ensure the financial health and longevity of your small business. But first, is cash flow really all that important? Well, according to one U.S. Bank study, 82% of failed businesses cited cash flow problems as a factor in their failure.
Learn how to manage your cash flow with our free CASH FLOW FORECASTING TOOL
Listen at GeorgeSupplyCo.com, or your favorite podcast app.
Find our list of 18 other woodworking podcasts in the BUSINESS FOR MAKERS BLOG.
Subscribe to our podcast to get regular insights and tips for building your maker business. And you can get more information about building your brand, selling branded merchandise, and maintaining your business operations all at georgesupplyco.com
Special thanks to Brian Chervitz M.S.
Theme music Relax and Fade by Mr Smith
34 episodes
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