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#943 - Why Your Business Is Profitable But Still Broke (Cashflow Explained)
Manage episode 485333096 series 3069121
Is your business profitable on paper but constantly running out of cash? You’re not alone.
In this video, I share the real reason why many businesses struggle with cash—even when sales look great. Learn from his hard-earned lessons and discover 10 practical cashflow management tips that you can apply immediately.
Whether you’re a freelancer, startup founder, or small business owner, this video will help you:
• Understand the difference between profit and cash
• Avoid the most common cashflow traps
• Build a system to track and forecast cash properly
• Improve collections and payment terms
• Take control of your financial future
Want to finally understand your business numbers?
Check out my course Accounting 101 for Business Owners here: https://dennismhilario.com/accounting-starter-digital-course-2/
Simple. Actionable. Made for entrepreneurs like you.
Subscribe for more real-world business advice.
If you got value from this, don’t forget to like, comment, and share it with fellow entrepreneurs.
Cash Flow Template - https://docs.google.com/spreadsheets/d/1raKEycRby6qLtjxJMaQ8dRiZP6uIcNYDChAYTn7PFmU/edit?gid=0#gid=0
Links
Prioritize Like a CEO - Productivity, Time Management & Leadership - https://dennismhilario.com/productivity-time-management-digital-course
Integrated Sales 101 and Digital Marketing - https://dennismhilario.com/sales-and-marketing-digital-course/
Accounting Starter Digital Course - https://dennismhilario.com/accounting-starter-digital-course-2/
HR Starter Digital Course - https://dennismhilario.com/hr-starter-digital-course/
Inventory Management & Costing Accounting Digital Course - https://dennismhilario.com/inventory-management-digital-course/
A Small business guide to digital transformation ebook - http://dennismhilario.com/dxebook
Private Coaching - https://dennismhilario.com
Social Media:
Facebook - https://facebook.com/dennismhilario.page
Instagram - https://instagram.com/dennismhilarioa
Twitter - https://twitter.com/dennismhilario
LinkedIn - https://www.linkedin.com/in/dennis-m-hilario
129 episodes
Manage episode 485333096 series 3069121
Is your business profitable on paper but constantly running out of cash? You’re not alone.
In this video, I share the real reason why many businesses struggle with cash—even when sales look great. Learn from his hard-earned lessons and discover 10 practical cashflow management tips that you can apply immediately.
Whether you’re a freelancer, startup founder, or small business owner, this video will help you:
• Understand the difference between profit and cash
• Avoid the most common cashflow traps
• Build a system to track and forecast cash properly
• Improve collections and payment terms
• Take control of your financial future
Want to finally understand your business numbers?
Check out my course Accounting 101 for Business Owners here: https://dennismhilario.com/accounting-starter-digital-course-2/
Simple. Actionable. Made for entrepreneurs like you.
Subscribe for more real-world business advice.
If you got value from this, don’t forget to like, comment, and share it with fellow entrepreneurs.
Cash Flow Template - https://docs.google.com/spreadsheets/d/1raKEycRby6qLtjxJMaQ8dRiZP6uIcNYDChAYTn7PFmU/edit?gid=0#gid=0
Links
Prioritize Like a CEO - Productivity, Time Management & Leadership - https://dennismhilario.com/productivity-time-management-digital-course
Integrated Sales 101 and Digital Marketing - https://dennismhilario.com/sales-and-marketing-digital-course/
Accounting Starter Digital Course - https://dennismhilario.com/accounting-starter-digital-course-2/
HR Starter Digital Course - https://dennismhilario.com/hr-starter-digital-course/
Inventory Management & Costing Accounting Digital Course - https://dennismhilario.com/inventory-management-digital-course/
A Small business guide to digital transformation ebook - http://dennismhilario.com/dxebook
Private Coaching - https://dennismhilario.com
Social Media:
Facebook - https://facebook.com/dennismhilario.page
Instagram - https://instagram.com/dennismhilarioa
Twitter - https://twitter.com/dennismhilario
LinkedIn - https://www.linkedin.com/in/dennis-m-hilario
129 episodes
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