Cash is the lifeblood of the business. We need to make sure that we’ve got enough coming in and not too much going out (“in versus out”.)
If our “in” is coming down because we’re getting less sales or we had to shut our doors, then we need to manage what’s going “out” to make sure that it’s not more than what’s coming in as best we can to get through this window.
Watch the full episode with @SimonBell on the Zen Business Podcast on Youtube – https://www.youtube.com/watch?v=IH_K3yzQ_Rs&t=706s
If you need to have a chat with an Accountant about your business – book in a free Strategy Chat with an Inspire Life Changing Accountant today – https://inspire.accountants/chat/
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