Episode 16 | Money in Your Pet Business: Managing Cash Flow
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A thriving pet business will rely heavily on one major component:
How you manage your cash flow.
Overseeing and directing the money coming in and going out of your business will impact your overall profitability. This can feel like a heavy topic that most of us would like to avoid, but hear us out, Pet Bosses:
You can armor up and face these tough topics head on!
In this episode of the Boss Your Business Podcast, Candace gives you the nitty gritty details of managing your pet business’ cash flow, and what she learned from her experiences (like getting out of $400,000 in business debt).
- Where to start from three different stages: in the hole, breaking even, or making money but with no plan in place.
- Three steps you can take right now to increase the cash flow in your business.
- How to dedicate time on your calendar to managing this part of your business.
- That you are not your numbers. We can always work toward increasing our business’ profitability, but it also doesn’t define you.
Listen in to gain confidence in managing your pet business’ cash flow like it’s just another day at the paw-ffice!
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