Most businesses that fail do so due to bad cash flow management. “How to Be a Cash Flow Pro” provides a blueprint with proven techniques to help you sleep better at night. Learning some of the strategies in this book will help you avoid a lot of money pitfalls that many small business owners fall in. Some of these amazing techniques include:
Mike’s Take on: How To Be A Cash Flow Pro
Personally, I did enjoy the book and there were many things that I took away from it. Ken provides great information for people in the construction and remodeling business right off the bat, so it was a big hook. His advice on how to go about charging for and collecting on services rendered is top-notch. His no BS approach is one that I really appreciate, because it does stress the importance of the subject. Many business owners with local home service companies really fail with the cash flow side of things.
Ken teaches how important it is to have your customers sign off on every step of the work while also steps stressing what steps to take. With nearly two-thirds of most businesses having cash flow problems due to late payments, this book makes a lot of sense.
This book also gives real-world practical advice on everything from credit card processing to invoicing changes.