Managing Uncertain Times, Part 3: Cash is King with Tom Droste

In this episode of Estimate Rocket Radio, Tom Droste--CEO of Estimate Rocket--joins us to talk about the third strategy in managing uncertain times: cash flow. Healthy cash flow strategizes for both the present time and the future to make sure there is "blood in the body" in business finance. If the well dries up, business comes to a crashing halt; but with proper cash management techniques contractors can be flexible and endure a short-term wave of economic uncertainty without sacrificing future goals. We discuss practical tips that help prepare businesses for changes in the economic landscape, as well as tactics for adaptation during tough times that free up more cash in the short term.
Stay tuned for the continuation of this limited series of episodes as we close out 2022 and line up more intelligent strategies for 2023.