THIS is Why 82% of Entrepreneurs FAIL

Full Transcript

SUMMARY

• "There really is only 1 way to go out of business, and that's if you run out of cash."
• The Savage Secrets Cash Flow TrackerTM takes all the complexity out of your Cash Flow statement. Simply plug in your own numbers and get rolling. You can download it here: https://thesavagesecrets.com/cashflow
• When you're trying to GROW you business, it is really difficult to run your company without a solid understanding of cash flow.
• An Income Statement is like a Report Card. It's your results over a period of time. A Balance Sheet shows the net value of your business, in a moment in time. Cash Flow is like your heart pumping blood throughout your body. "Cash Flow is constantly working."
• This episode is a deep dive into the ins & outs of a Cash Flow Statement. You'll go through a real life example to simplify the concept and make understanding easy.
• If you have questions on the spreadsheet or another business challenge, shoot me an email at [email protected].