Avoiding Cash Flow PitfallsFish Food Podcast

Avoiding Cash Flow Pitfalls

You landed a million dollar project, but the money will only come later. So how much do you have right now to cover expenses incurred before that check clears? Because it’s not just about how much you’re bringing in but the amount of money coming in on time for the amount that has to go out.

So in this episode, Keila talks cash flow - why it’s important, what you need to pay attention to, and the pitfalls she sees many entrepreneurs fall into. An episode not to be missed for all small businesses with ebbs and flows working on a project or launch basis.

KEY POINTS:

  • Why your small business needs a cushion
  • Double counting sales and outstanding invoices
  • How Little Fish strategizes cash flow

QUOTABLES:

“So what does all of this mean? Well, cash is king.” - Keila

RESOURCES:

Like what you’re hearing? Check out Little Fish Accounting at: www.littlefishaccounting.com

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The Fish Food Podcast is edited by Instapodcasts (visit at instapodcasts.com)

View Transcript
Reviews

These are really short episodes, but they're packed with information! I can't believe how much I learned just from 1 episode. Definitely listen to this if you are a freelancer, a small business owner, or if you're thinking about starting a business. The accounting stuff has always been confusing, but this podcast helps make everything clear and simple.

onlineperson
Fish Food Podcast

I love how specific and helpful this show is! Keila, you’re a gift to business owners!

Tesslorraine
Fish Food Podcast

As somebody who has also been interested in accounting, recently started a career as an AP & looking to start a business soon this podcast is so clutch! It has me thinking of things I hadn’t thought of or that familiar with! She drops jewels in 20 min or less & I love it 🙌🏾 Or and I love that she looks like me 🤗

Trin&JrMama
Fish Food Podcast

I love that the episodes are concise yet valuable. So many great tips and information shared!

ShaylaN1227
Fish Food Podcast
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