The Small Business Safari

Cash Flow: Your Business's Hidden Treasure | Mike Milan


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Ever wondered how some businesses seem to have plenty of cash while others with similar revenue struggle to make payroll? The secret lies in understanding the financial gap between money coming in and money going out—and nobody explains this better than Cashflow Mike.

In this eye-opening episode, Mike Milan shares his remarkable journey from state trooper to financial expert, revealing how accident reconstruction mathematics gave him the breakthrough he needed to understand business finances in practical, applicable ways. "I didn't understand math until I was a state trooper," Mike explains, describing how connecting abstract concepts to real-world scenarios transformed his relationship with numbers.

Mike introduces us to the counterintuitive concept of "growing broke"—being so successful that you actually run out of money. Through colorful stories about his experiences running multiple businesses (from janitorial services to restaurants and property management), he illustrates how extending payment terms to clients while still needing to meet regular expenses creates a dangerous cash flow trap that can sink even thriving companies.

The heart of this episode focuses on Mike's Clear Path to Cash program and how it helps businesses identify hidden cash through analyzing just nine key numbers from financial statements. This approach has helped his clients uncover over $150 million in hidden cash without increasing sales. Rather than chasing revenue, Mike emphasizes focusing on gross profit—the only cash available to cover operating expenses or contribute to net profit.

For business owners feeling the cash crunch despite solid sales, this episode provides practical insights into six key calculations that reveal where cash is hiding in your business. Whether you're running a construction company, a service business, or any small to medium enterprise, Mike's accessible approach to financial analysis will transform how you view your business finances.

Ready to find the hidden cash in your business? Visit cashflowmike.com for a free Seven Minute Conversation course that will help you understand your business finances better than you have all year.

https://www.linkedin.com/in/mikemilan/

cashflowmike.com 

[email protected]

https://www.facebook.com/search/top?q=cash%20flow%20mike

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The Small Business SafariBy Chris Lalomia

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