Struggling with cash flow? You’re not alone. Many businesses prioritize revenue over cash, leading to financial stress. But cash is king! In this episode, Brandon Gan Vost chats with cash management expert Peter Kingma, author of CASH IS KING: Maintain Liquidity, Build Capital, and Prepare Your Business for Every Opportunity (Wiley; May 2024). Peter reveals why a cash culture is essential and how to:
- Shift your mindset from reactive to strategic cash management
- Identify cash flow problems like unprofitable deals or slow receivables
- Optimize working capital to free up your cash flow
- Leverage financial tools for real-time cash flow insights
This episode is for you if you’re a business owner, entrepreneur, or C-Level executive who wants to:
- Understand why cash flow is more important than profit
- Implement strategies to improve your cash flow
- Build a resilient business prepared for any economic climate
