How To Be A Cash Flow Pro : Book Review

How to Be a Cash Flow Pro: A Mr. Biz Guide to Crushing Business Owner Insomnia by Ken “Mr. Biz” Wentworth

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Ken “Mr. Biz” Wentworth is a Cash Flow Specialist who developed his expertise during 20+ years in financial leadership positions at a Fortune 15 company and most recently as a CFO/Business Advisor for small businesses. He enjoys spending time and traveling with his family.
*disclaimer, I have known Ken for some time through social media and I was sent a free copy of his book for the purpose of this review. I am also really bad at managing my cash flow, so it’s been a big help.

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:

* How to make credit cards work for you to create a huge advantage
* What is THE most important information to include on an invoice?
* How to effectively control your expenses without hurting your business
* Simple tweaks to make to your collection process to get money flowing in the door
* Two tips to reduce payroll’s cash flow pressure
Bottom line – if improving your company’s cash flow is a goal of yours, this book is for you!

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.

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