Season 4, Ep. 17: Cash Flow Highs and Lows
About this episode
Keaton Turner discusses cash flow challenges in small businesses and offers management strategies.
Keaton Turner kicks off the episode with an iced coffee experiment and appreciation for Micah Tysver. He reads new reviews and delves into cash flow challenges in small businesses, prompted by a voicemail about starting an excavating business. Keaton emphasizes cash flow management, offering strategies like providing discounts for advance payments and leveraging supply chain financing. He discusses the importance of mobilization fees in contracts and protecting businesses from slow-paying customers. Keaton touches on using operating lines of credit for growth and negotiating payment terms, reflecting on the summer season and family activities. He concludes with insights on balancing work and personal life and upcoming podcast plans.
More episodes of Per Diem Podcast
- Season 4, Ep. 18: Delegation, the Selfish Employee, and Career Growth
- Season 4, Ep. 16: Man of Constant Sorrow
- Season 4, Ep. 15: Stop Dreaming, Start Doing
- Season 4, Ep. 14: Developing Legit Leaders & Building a Winning Culture - From the Vault
- Season 4, Ep. 13: Bankruptcy Rumors, Salesguy Gossip and Embracing Innovation in the Mining Industry
- Season 4, Ep. 12: When to Sell the Business & When NOT to…
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