Guidance to Wealth with Raj Kapur

S9 E23 Cash Flow Mistakes to avoid as Entrepreneurs & Small business owners With Raj Kapur


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E23 Cash Flow Mistakes to avoid as Entrepreneurs & Small business owners

Overestimating future sales volumes
Engaging in impulse spending during the startup phase
Being passive about past-due receivables
Not using a cash-flow budgeting tool
Not keeping a cushion of cash on hand
Spend Fast - Slow and have it paced out
Not Outsourcing - Outsource to Save on Hiring Costs
Not Paying yourself First
Not Asking Customers to Pay Upfront
Not Keeping Separate Business and Personal Accounts, including credit cards

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Guidance to Wealth with Raj KapurBy Raj Kapur