• 135: You Have Profits, But No Cash. Here's Why

  • Oct 7 2024
  • Length: 11 mins
  • Podcast

135: You Have Profits, But No Cash. Here's Why

  • Summary

  • Send us a text

    Learn why having profits doesn't always mean having cash and how it could be holding your business back. Steve breaks down common cash flow issues and explains how your inventory and accounts receivable might be tying up cash. In this episode, you'll discover strategies to free up working capital, improve cash flow, and avoid the pitfalls that can lead even profitable businesses to bankruptcy. Whether you're running a startup or scaling an established company, these insights are crucial for long-term financial health and growth.

    Here's how to get started with Boosting Your Financial IQ:

    • Step 1: Test your financial IQ for FREE
    • Step 2: Download the FREE app
    • Step 3: Take the Fundamentals of Finance course


    Disclaimer:
    BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

    Get the free BYFIQ app and Starter Course here: https://www.byfiq.com/app

    Support the show

    Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about 135: You Have Profits, But No Cash. Here's Why

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.