Wealth On Main Street

9. How to Create Profit First | WWBS Podcast


Listen Later

How to turn your business into a money-making machine.

It's difficult enough to run a business with money, let alone when you’re chasing after receivables

Cashflow is always the topic. Whatever business size you are, you need cashflow so you can take care of what you need to take care of and sometimes you’re waiting for cash to come in over long periods of time.

There are those obligations that are due, repeatedly and regularly without fail. Maybe you’re operating off some line of credit and it's been racking up and racking up and racking up.

You're paying out for all these different things, be it materials, supplies, inventory, or equipment needs. You finally get this big influx of cash and you compress that line of credit down, only to find yourself starting the cycle over again.

You seem to be getting bigger…

But you're still chasing that cash flow machine.

That's what happens for a lot of businesses.

—-more—-

There's a way that we go about managing cash in the business. And we want to share with you our inspiration for how we created that and how that's been going.

Listen to find out how we've been doing it.

...more
View all episodesView all episodes
Download on the App Store

Wealth On Main StreetBy Richard Canfield & Jayson Lowe

  • 5
  • 5
  • 5
  • 5
  • 5

5

11 ratings


More shows like Wealth On Main Street

View all
THE ED MYLETT SHOW by Ed Mylett

THE ED MYLETT SHOW

14,031 Listeners

Dr. Berg’s Healthy Keto and Intermittent Fasting Podcast by Dr. Eric Berg

Dr. Berg’s Healthy Keto and Intermittent Fasting Podcast

1,733 Listeners

Life Success & Legacy by Life Success & Legacy

Life Success & Legacy

34 Listeners

BetterWealth with Caleb Guilliams by BetterWealth Media

BetterWealth with Caleb Guilliams

247 Listeners

The Money Advantage Podcast by Bruce Wehner & Rachel Marshall

The Money Advantage Podcast

63 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

76 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

82 Listeners

Without the Bank Podcast by Mary Jo Irmen

Without the Bank Podcast

46 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

56 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

30 Listeners

Infinite Banking Mastery by Valerie LaRoque

Infinite Banking Mastery

23 Listeners

Control and Compound with Darren Mitchell by Control and Compound Financial | BNV Media

Control and Compound with Darren Mitchell

2 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

121 Listeners

Cashflow Legendz by Nate, Brandon and Brock

Cashflow Legendz

16 Listeners

Infinite Banking Initiative (IBI) by Leigh Barganier

Infinite Banking Initiative (IBI)

12 Listeners