AD Partners Cashflow Challenge Video #6: How Will I Make This Easier For You?

So, what will it help you accomplish? It is essential to take the time to sit down and map out a plan to get control of your money. This means knowing where, when, how, and why money is coming in and going out.

Knowing this movement of your money will show you where you may have some cash shortfalls so then you can put things in place to ensure that it does not become a major problem for your business. It helps you be proactive and plan for these potentially type cashflow situations. It also puts in perspective how your money is being spent and at what level of income you need to ensure you meet all of your commitments.

So here’s what you need to do next — you need to prepare a cash flow forecast. A cash flow forecast is a detailed report that
shows you the predictive movement of your cash position. To create this, you not only need to understand your level of sales and your level of expenditure, but also the timing of it. The timing determines your cash position at any given point in time.

AD Partners Cashflow Challenge Video #5: What Will Cashflow Management Help You Accomplish?

So, what will it help you accomplish?

It’s essential that you take the time to sit down and map out a plan to get control of your money. That means knowing where, when, how and why it is coming in and going out. Knowing this movement of your money will show you where you may have some cash shortfalls so you can put things in place to ensure that it does not become a major issue for your business.

It helps you be proactive and plan for these potentially tight cash flow situations. It will also put in perspective how your money is spent and what level of income you need to ensure you are able to meet all your commitments. Here’s what you need to do next The cash flow forecast is a detailed report that shows the predicted movement of your cash position.

To create this, you need to understand not only what level of sales and expenditure you are likely to generate, but also the timing of it. This timing determines your cash position at any point in time.

AD Partners Cashflow Challenge Video #4: The 3 Biggest Challenges to Your Business Cash Flow

In my 18 years running Ad Partners, I found that the three biggest challenges to a business cash flow are:

  1. Slow paying customers. Slow paying customers are the biggest killer to your cash flow. It’s great having lots of customers, but if they’re not paying you on time or at all, where’s the money coming from to pay your employees, your contractors, and your suppliers?
  2. The ATO. You have commitments to the ATO for GST and pay-as-you-go depending on the size of your business. This can be monthly or quarterly. Many business owners overlook this critical obligation whether it’s because they don’t want to admit that they are the ATO or simply because they over commit on expenditure elsewhere. This is a problem. The ATO is one organisation you do not want to get on the wrong side of. After your workers, they should be on top of your financial priority list.
  3. Overcommitting expenditure. The way you manage your stock of materials is important. The stock of materials are readily available and you don’t have to over-commit just in case. The same goes for your equipment. you need equipment to run your business but having additional equipment or just getting something just because the guy down the roads got it is not a smart business decision. Acquire the goods that you need to run your business efficiently. That is a smart business decision.

AD Partners Cashflow Challenge Video #3: Cashflow Management and Forecasts – Who is it for?

So who is this for? Cash flow forecast is an essential tool for all businesses and business owners, irrespective of your
cash position. There are always areas for improvement no matter how big or small that improvement might be.

Unfortunately, most business owners focus on profits rather than cash flow and this is where cash flow problems
begin. If you’re producing a profit but have no money in the bank this is definitely for you. You need to stay ahead of the cash game. Cash is continually needed to reinvest in your business to achieve your goals.

Cash will also give you the lifestyle that you want and if you’ve mastered the cash flow management, you’ll end up with a level of cash to adequately fund the lifestyle that you’re after.

AD Partners Cashflow Challenge Video #2: Why is Cashflow Management Important?

I’m Tony Dimitriadis from AD Partners, Author of “Build it and the Money Will Come” and I’m here to show you
how to get control of your cash flow with our cash flow challenge.

So firstly I want to thank you for registering for the AD Partners business cash flow challenge. So, why is this important? Well, as you know the most important aspect of running a business is to ensure you have enough cash flow to meet all of your financial obligations. Cash flow is the lifeblood of your business and it ensures that you stay afloat. Simply making more money will not resolve cash flow problems if cash flow management is the problem, to begin with.

So it’s important we establish some strategies to make sure you have enough cash in your business to operate on a day to day basis without facing any cash crisis. You need money to pay your suppliers or they’ll stop supplying. You need money to pay your workers or they’ll stop working

Cash flow will help you see whether there are problems with your customers’ payments. it’ll help you budget more effectively so you know what’s required to meet your goals. It will give you a clearer picture about whether or not you need some financing options and of course making applications to the bank are important.

AD Partners Cashflow Challenge Video #1: Do You Really Know How to Manage Your Cashflow?

Do you really know how to manage your cash flow? are you short of cash or just not sure when the next dollars coming in? One of the most important aspects of running a business is to ensure that you have enough cash to make all of your financial obligations.

My name is Tony Dimitriadis from Ad Partners and the author of build it and the money will come. And I’m here to show you how to get control of your cash flow with that cash flow challenge and there’s an added extra bonus that I’ll show you shortly. Cash flow is the lifeblood of your business and it ensures you stay afloat quite simply making more money will not resolve your cash flow problems if cash flow management is the problem to begin with.

So it’s important to establish strategies to ensure that you have enough cash in your business to operate on a day to day basis without facing any cash crisis. you need money to pay your suppliers or they’ll stop supplying you need money to pay your workers or they’ll stop working so join us as we take you through the 7 day cash flow challenge where well we’ll help you manage your cash being the most critical aspect of your business as an added extra bonus

I’m gonna give you a free copy of my book, “build it and the money will come” which are great for businesses to help them get control of their financials and to help them grow their own successful lifestyle business so register now to get started on your cash flow management. once you register we’ll send you some more information on the next steps.

I’m really excited about helping you through your cash flow management so do join us. Thank you