135: You Have Profits, But No Cash. Here's Why

Boosting Your Financial IQ

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Learn why having profits doesn't always mean having cash and how it could be holding your business back. Steve breaks down common cash flow issues and explains how your inventory and accounts receivable might be tying up cash. In this episode, you'll discover strategies to free up working capital, improve cash flow, and avoid the pitfalls that can lead even profitable businesses to bankruptcy. Whether you're running a startup or scaling an established company, these insights are crucial for long-term financial health and growth.
Here's how to get started with Boosting Your Financial IQ:

• Step 1: Test your financial IQ for FREE
• Step 2: Download the FREE app
• Step 3: Take the Fundamentals of Finance course

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Capíttulos

1. Understanding Financial Responsibility in Business (00:00:00)

2. Maximizing Business Value Through Financial Literacy (00:08:45)