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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
Learn more about Little Fish’s suite of services and get access to new goodies by signing up for our newsletter: mailchi.mp/littlefishaccounting/social
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The Fish Food Podcast is edited by Instapodcasts (visit at instapodcasts.com)
Show Notes
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 or on Instagram.
The Fish Food Podcast is edited by Instapodcasts (visit at instapodcasts.com)
Creators & Guests
What is Build to Enough ?
Little Fish Accounting presents Build To Enough. The pursuit of endless growth and scaling can leave entrepreneurs feeling burned out and unfulfilled. This podcast explores how to build sustainable, purpose-driven businesses that align with your lifestyle and values, rather than defined by rapid expansion alone. On this show, we’ll reframe definitions of success, provide strategies for structuring companies around desired lifestyles, and share stories of entrepreneurs finding deeper fulfillment by focusing on “enough.” Join us as we discuss moving off the hamster wheel and building businesses with balance and meaning.